Question: In which situation is a focus strategy most effective? When a firm wants to serve the entire market with a broad product line When unique
In which situation is a focus strategy most effective?
When a firm wants to serve the entire market with a broad product line
When unique costbenefit advantages exist in specific market segments.
When a firm aims to compete directly with industry leaders.
When incumbents in the industry can easily meet the specialised needs of niche members
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