If a business is following a focused strategy,then its competitive scope is ________.
A) broad market
B) narrow market
C) broad range of products
D) broad range of services

Name: If a business is following a focused strategy,then its competitive scope is ________. A) broad market B) narrow market C) broad range of products D) broad range of services
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Question

Quizplus · Accepted Answer

When you have a market segment, your competitive scope should be a narrow market, and the cost strategy should be a focused strategy.

If a Business Is Following a Focused Strategy,then Its Competitive