The biggest risk to a focus strategy is that the small market that is being targeted will simply disappear should the environment change.
Correct Answer:
Verified
Q28: All of the following are ways that
Q29: The risks associated with pursuing a cost
Q30: The effectiveness of any of the generic
Q31: A company with a low-cost position generally
Q32: A firm that pursues a cost leadership
Q34: Companies have little to gain from trying
Q35: Effective differentiation often shields incumbents from competition
Q36: Strategy formulation responsibilities at the business level
Q37: When a product's unique attributes provide value
Q38: Business-level strategy formulation pertains to:
A) Domain direction
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