Which of the following holds true for companies following the focused differentiation strategy?
A) The niche that is an area of operation of one company cannot be made to disappear or be taken over by larger competitors.
B) Companies following the focused differentiation strategy can charge very high prices.
C) Companies following this strategy depend on their ability to reduce the price to drive competition out of the market.
D) Damaging attacks do not come from larger firms.
E) Companies following the focused differentiation strategy hardly have their growth stymied irrespective of the size of the market.
Correct Answer:
Verified
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