Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by
A) a target market niche that is too small to be profitable and offers low growth potential.
B) an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
C) high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers.
D) intense competition from industry leaders in the niche or focused segment.
E) few, if any, rivals are attempting to specialize in the same target segment.
Correct Answer:
Verified
Q72: To profitably employ a best-cost provider strategy,
Q73: The major difference between a low-cost provider
Q74: Focusing the ability can secure a competitive
Q75: A broad differentiation strategy is generally not
Q76: A firm pursuing a best-cost provider strategy
A)seeks
Q78: Focusing carries several risks, one of which
Q79: The objective of a best-cost provider strategy
Q80: Best-cost provider strategies are those that
A)are a
Q81: The competitive advantage of a best-cost provider
Q82: The target market of a best-cost provider
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