Which of the following terms refers to focusing on and specializing in specific markets?
A) integration
B) implementation
C) differentiation
D) globalization

Question

Quizplus · Accepted Answer

Differentiation refers to focusing and specializing in specific markets or niches, offering unique products or services that meet the specific needs and preferences of those markets. Integration refers to bringing together different parts or functions of a business to work seamlessly together. Implementation refers to the process of putting a plan into action. Globalization refers to the process of expanding a business globally, reaching a wider market and operating in multiple countries.

Which of the Following Terms Refers to Focusing on and Specializing