1. Give an example of a company that pursues a NICHE (FOCUSED) DIFFERENTIATION strategy. Explain in 3-5 sentences why their strategy is a niche differentiation strategy.
2. You estimate that Tesla stock has a 30% probability of losing 20% next year, a 40% probability of losing 30% next year, but a 30% probability of gaining 180%. What is your estimate of the standard deviation of Tesla’s stock’s return?
A. 94.36%
B. 168.06%
C. 36.00%
D. 70.82%