MTV focuses on young people, and Rolex watches have a market niche of upper-income people.Both are examples of what type of strategy?

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The strategy described is a "Focus" strategy, where a company targets a specific segment or group of the market (such as young people for MTV and upper-income individuals for Rolex) rather than trying to appeal to the entire market. This approach allows companies to tailor their products, marketing efforts, and services to meet the specific needs and preferences of their chosen niche.

MTV Focuses on Young People, and Rolex Watches Have a Market