Which of the Following Firms Exhibits a Focus Strategy

question 46

Multiple Choice

Which of the following firms exhibits a focus strategy?

• A)​Company A's products meet customers' needs in a particular niche market.
• B)​Company B takes a high-volume low-margin approach in targeting customers for its products.
• C) ​Company C targets customers who are looking for the lowest price.
• D) ​Company D targets the average customer.

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Definitions:

Months of Age

A measurement of age used particularly in the context of very young children, expressing how many months old they are.

Sitting Up

The physical action of moving from a lying or slouching position to an upright posture, often indicating readiness or alertness.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed, a concept developed during infancy.

Peek-a-Boo

A game played with young children involving hiding and suddenly reappearing, aiming to invoke surprise and delight.