Solved

The Risks of a Focused Strategy for a Company Like

Question 61

Multiple Choice

The risks of a focused strategy for a company like Canada Goose are the


A) chance that niche customers will bargain more aggressively for good deals than customers in the overall marketplace.
B) potential for the preferences and needs of niche members to shift over time toward product attributes desired by buyers in the mainstream portion of the market.
C) potential for the segment to be highly vulnerable to economic cycles.
D) potential for segment growth to race beyond the production or service capabilities of incumbent firms.
E) potential for the segment to become too specialized for other multisegmented rivals to enter.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents