Which of the following is an advantage of a company following a focused strategy?
A) Companies following the focused differentiation strategy can charge very high prices.
B) Damaging attacks never comes from larger firms
C) Companies following the focused differentiation strategy never have their growth stymied irrespective of the fact that they serve a niche market.

D) The companies are protected from the damaging attacks of smaller firms that adopt an even narrower focus.
E) The niche that is an area of operation of one company cannot be made to disappear or be taken over by larger competitors.

Question

Which of the following is an advantage of a company following a focused strategy?
A) Companies following the focused differentiation strategy can charge very high prices.
B) Damaging attacks never comes from larger firms
C) Companies following the focused differentiation strategy never have their growth stymied irrespective of the fact that they serve a niche market.

D) The companies are protected from the damaging attacks of smaller firms that adopt an even narrower focus.
E) The niche that is an area of operation of one company cannot be made to disappear or be taken over by larger competitors.

Quizplus · Accepted Answer

Companies following a focused differentiation strategy can charge high prices due to the unique value they offer to a niche market, allowing them to capitalize on their specialized offerings.

Which of the Following Is an Advantage of a Company