A narrow scope strategy offers a small product range to a small number of customer groups.

Name: A narrow scope strategy offers a small product range to a small number of customer groups.
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Question

Quizplus · Accepted Answer

A narrow scope strategy is focused on serving a small product range to a specific customer group. This allows companies to specialize and differentiate themselves in a niche market rather than trying to compete with larger companies across broader markets.

A Narrow Scope Strategy Offers a Small Product Range to a Small