Which one of the following does not represent market circumstances that make a focused low-cost or focused differentiation strategy attractive?
A) When it is costly or difficult for multisegment competitors to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers
B) When the industry has many different segments and market niches,thereby allowing a focuser to pick an attractive niche suited to its resource strengths and capabilities
C) When industry leaders have chosen not to compete in the niche
D) When the target market niche is big enough to be profitable and offers good growth potential
E) When buyers are not strongly brand loyal and a large number of other rivals are attempting to specialize in the same target segment
Correct Answer:
Verified
Q37: Which of the following is not one
Q38: A low-cost provider strategy can defeat a
Q39: Successful differentiation allows a firm to
A)command the
Q40: A strategy to be the industry's overall
Q41: A pitfall to avoid in pursuing a
Q43: A company's biggest vulnerability in employing a
Q44: Success with a best-cost provider strategy designed
Q45: A focused differentiation strategy aims at securing
Q46: What sets focused (or market niche)strategies apart
Q47: The advantages of focusing a company's entire
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