In an industry that is consolidated a strategic approach that is likely to be successful is a(n) ________ strategy, such as that used by Saks Fifth Avenue.
A) integrated low-cost/differentiation
B) retrenchment
C) focused differentiation
D) turnaround

Question

Quizplus · Accepted Answer

In a consolidated industry, a focused differentiation strategy can be successful as it allows a company to target a specific niche market with unique offerings, similar to Saks Fifth Avenue's approach.

In an Industry That Is Consolidated a Strategic Approach That