Which action is a cause for erosion of a small firm's focus strategy?
A)Consumer demand grows.
B)New firms reconstruct the industry.
C)Differences between segments grow larger.
D)The focus strategy is imitated.

Question

Quizplus · Accepted Answer

The erosion of a small firm's focus strategy is caused by the imitation of its strategy by competitors. When other firms start to offer similar products or services to a particular market segment, it dilutes the unique positioning of the small firm, and its focus strategy becomes less effective. As a result, the small firm may need to adjust its strategy or expand to other segments to maintain its competitive advantage.

Which Action Is a Cause for Erosion of a Small