A bakery owner decides to offer only wedding cakes and special event cakes because other bakeries in the area offer so many products, and the owner believes her business can be known as "the place" to get a specialty cake.
Which of Porter's competitive strategies does this demonstrate?
Differentiation

Differentiated Strategy

Explanation:

The reason is that the Bakery owner will now selll wedding cakes which means the bakery owner will sell extra ordinary cake which it desires to target a specific customer segment (wedding couples). The price charged on such cakes will be higher than an ordinary cake because of the extra ordinary cake specialty. The company that targets a specific customer segment due to its unique product also charges higher because its product is different from the rest of the products of the competitors. A well known saying is "Quality has costs", this means the bakery would charge higher to wedding couples because they are offering better quality product due to their experience and specialization.

answer; false pretense;

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.