A Low-Cost Focus Strategy Can Be Especially Attractive When the Target

question 74

True/False

A low-cost focus strategy can be especially attractive when the target market niche is small.

---

Definitions:

Rebel Militia

Informal military groups that resist established government forces, often formed in the context of civil war, rebellion, or resistance movements.

Dominion of New England

A short-lived administrative union of English colonies in North America (1686–1689) created by King James II, aimed at centralizing control and bolstering colonial defense.

Bacon's Rebellion

A 1676 uprising led by Nathaniel Bacon against the colonial government of Virginia, motivated by disputes over Native American policy and governance.

Indentured Servants

Individuals who were contracted to work for a certain period of time, usually without pay but in exchange for passage to the New World, room, and board.