Question: What is a niche - focused strategy? When an organization chooses a small and segmented market and competes only in that small arena When an

What is a niche-focused strategy?
When an organization chooses a small and segmented market and competes only in that small arena
When an organization chooses a small market but has many competitors
When an organization chooses a large, varied market and competes among many competitors
When an organization chooses to compete in a medium-sized market with few competitors

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