Question: Question 7 5 ( 1 point ) The risks o f a focused strategy based a n either low - c o s t o

Question 75(1 point)
The risks of a focused strategy based an either low-costor differentiation include
the potential for segment grouth to mee beyond the production or service
capabilities of incumbent firms.
the potential for the segment tobe highly vulnerable to economic cycles.
the potential for your target buyers needs and preferences to shift over time
toward many of the same needs and preferences of those buyers in the
mainstream portion of the market.
the chance that niche customers will bargain more aggressively for good
deals than customers in the overall marketplace.
 Question 75(1 point) The risks of a focused strategy based an

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!