Question: By using Porter's competitive Five Forces framework, a company finds that its target ? consumers are very strong. Which of the following strategies should they
By using Porter's competitive Five Forces framework, a company finds that its target consumers are very strong. Which of the following strategies should they adopt for their growth?
They should acquire rival companies to get access to their customer base.
They should raise the barriers to entry for new comoanies.
They should differentiate their products to appeal to a specific customer group.
They should employ a lowcost strategy to increase their customer base.
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