A focus strategy is a(n) ________.
A) business-level strategy
B) corporate-level strategy
C) individual-level strategy
D) functional-level strategy

Question

Quizplus · Accepted Answer

A focus strategy is a business-level strategy that focuses on serving a specific segment of the market by offering a unique product or service that meets the specific needs of that segment. This strategy allows the business to differentiate itself from competitors and achieve a competitive advantage. Corporate-level strategies are focused on the overall direction and scope of the entire organization, while individual-level strategies are focused on the goals and actions of individual employees. Functional-level strategies are focused on specific functions within the organization, such as marketing or operations.

A Focus Strategy Is A(n) ________