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

Question

Quizplus · Accepted Answer

The erosion of focus strategy occurs when competitors imitate the strategy, making it difficult for the small business to differentiate itself in the market. This can lead to a loss of competitive advantage and a decline in profitability. Consumer demand, industry reconstruction, and growing differences between segments do not necessarily lead to erosion of a focus strategy.

Which Action Is a Cause for Erosion of a Small