If a business is following a focused strategy, then its competitive scope is ________.
A) Broad market
B) Narrow market
C) Broad range products
D) Broad range of services

Name: If a business is following a focused strategy, then its competitive scope is ________. A) Broad market B) Narrow market C) Broad range products D) Broad range of services
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Question

Quizplus · Accepted Answer

A focused strategy targets a narrow market segment with a specific set of products or services.

If a Business Is Following a Focused Strategy, Then Its