Greater specialization requires abandoning all products or services except those that are most profitable.

Name: Greater specialization requires abandoning all products or services except those that are most profitable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Greater specialization involves focusing on a narrower range of products or services to improve efficiency and expertise, but it does not necessarily require abandoning all other products or services unless they are unprofitable or outside the core competencies of the business.

Greater Specialization Requires Abandoning All Products or Services Except Those