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The operating income analysis of Bixin Enterprise Ltd revealed the following:
Operating income for 2020 $1,100,000
Add growth component 75,000
Deduct price-recovery component (95,000)
Add productivity component 80,000
Operating income for 2021 $1,160,000
Bixin's operating income gain is consistent with the ________.
| a. | product differentiation strategy |
| b. | cost leadership strategy |
| c. | product leadership strategy |
| d. | cost differentiation strategy |
| e. | None of the answers. |
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