Question: As discussed in class, in management science context, the long - tail phenomenon refers to: The strategy of focusing only on the most popular products

As discussed in class, in management science context, the long-tail phenomenon refers to:
The strategy of focusing only on the most popular products in a market.
The ability of online retailers to profitably sell a large number of niche products.
The reduction in demand for niche products due to the popularity of best-sellers.
The increase in competition among businesses selling similar products online.
The strategy of pricing products below cost to drive out competition.
As discussed in class, in management science context, the long-tail phenomenon

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