The main purpose of a reduced-market-focus strategy is to ________.
A)enter new market-segments
B)become more efficient
C)increase market share
D)develop new markets
E)increase customer loyalty

Question

Quizplus · Accepted Answer

The main purpose of a reduced-market-focus strategy is to become more efficient by narrowing the scope of operations and focusing on a specific market segment. This allows the company to streamline its resources and maximize profitability within that targeted market, rather than spreading itself too thin across multiple markets.

The Main Purpose of a Reduced-Market-Focus Strategy Is to ________