The extent to which a business concentrates on a narrowly defined market,it is called a(n)__________ strategy.

Question

Quizplus · Accepted Answer

The term used to describe a business strategy that focuses on a narrowly defined market is "market focus." Integration refers to combining separate businesses or functions into a unified whole, while formula facility and tightly managed decentralization are not relevant to the given question.

The Extent to Which a Business Concentrates on a Narrowly