Which of the following is an advantage of a focus strategy?
A)A larger domain
B)Customer responsiveness
C)Economies of scope
D)Economies of scale

Name: Which of the following is an advantage of a focus strategy? A)A larger domain B)Customer responsiveness C)Economies of scope D)Economies of scale
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Question

Quizplus · Accepted Answer

A focus strategy emphasizes serving a specific market niche, which allows a company to better understand and respond to the unique needs and preferences of its customers within that niche.

Which of the Following Is an Advantage of a Focus