According to Michael Porter,a Focus Strategy Can Erode When

question 75

Multiple Choice

According to Michael Porter,a focus strategy can erode when

• A)the strategy is protected.
• B)the target segment's differences from other segments narrow.
• C)new firms reconstruct the industry.
• D)demand for the product grows and thus attracts new competitors.

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Definitions:

Government Bonds

Debt securities issued by a government to support government spending and obligations.

General Level

Typically refers to the overall state or condition of something, often used in discussions about prices, economic conditions, or the level of activity in a market.

Convertibles

Securities, usually bonds or preferred shares, that can be converted into a specific number of shares of the issuing company's common stock.

Call Protection

Call Protection is a feature of some bonds that prohibits the issuer from redeeming the bond before a specified period, protecting bondholders from early repayment.