Question: Companies that try to specialize in only one or a few segments of the market and undercut the prices of the other sellers in the

Companies that try to specialize in only one or a few segments of the market and undercut the prices of the other sellers in the market are using a Blank

______

strategy.

Multiple choice question.

focused low

-

cost

focused differentiation

cost

-

reduction

differentiation competition

expand operations into a new industry to make new kinds of valuable products and services

add value by reducing the company's ability to exit certain industries

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