A new company announces the following at a press release: "We are in the business of making luxury 150 foot yachts, and only luxury 150 foot yachts." The competition would assume this company's strategy is:
A) product specialization
B) market specialization
C) selective specialization
D) market-product concentration
Correct Answer:
Verified
Q96: Many people enjoy cereal at breakfast. In
Q97: Many people are concerned about eating healthy,
Q98: Hard Candy is a cosmetics company that
Q99: In the 1920s, the Ford Motor Company
Q100: When Home Depot opens new stores in
Q102: Which marketing strategy involves retaining focus on
Q103: What is the primary disadvantage of employing
Q104: At the end of the first six
Q105: After making luxury 150 foot yachts for
Q106: Which two aspects of the following statement
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents