Companies that use the focus strategy direct their attention to a narrow market segment.
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Verified
Q5: Planning provides a means for actively involving
Q6: Contingency plans can be prepared for all
Q7: Planning enables a manager or an organization
Q8: Tactical plans are prepared to address the
Q9: Concentric diversification refers to diversification into related
Q11: Defensive strategies are used when the organization
Q12: Divestiture occurs when the entire company is
Q13: The basic purpose of a differentiation strategy
Q14: MBO is a philosophy based on converting
Q15: Procedures ignore details.
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