Which of the Following Statements Is True About a Reduce-Market-Focus

question 38

Multiple Choice

Which of the following statements is true about a reduce-market-focus defensive strategy?

• A)It involves introducing new lines of products.
• B)It requires an increase in the marketing budget.
• C)It will likely lead to lower levels of profitability as a percentage of sales.
• D)It is most appropriate when a business has the resources to invest in protecting its current share position.
• E)It involves trimming market share in an effort to improve profit performance.

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Definitions:

Dispositional Attribution

The process of attributing behavior to an individual's stable personality traits.

Highly Consistent Behaviours

Actions or reactions that are predictable and stable over time across different situations.

Fundamental Attribution Error

The tendency to explain someone's behavior based on internal factors, like character or intention, rather than external factors.

Situational Attributions

The process of attributing behavior to external factors or circumstances rather than to internal characteristics.