The Main Advantage of __________ Is Specialization, as It Allows

question 17

Multiple Choice

The main advantage of __________ is specialization, as it allows the firm to focus its resources toward understanding and serving a single segment.

• A) focused marketing
• B) unidimensional marketing
• C) mass marketing
• D) multisegment marketing
• E) market concentration

---

Definitions:

FMV

Fair Market Value is an estimate of the market value of a property or asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.

§179 Expense

A section of the U.S. tax code that allows a business to deduct the full purchase price of qualifying equipment or software within the tax year.

Business Assets

Economic resources or items of value owned by a company that are expected to provide future benefits or profits.

Bulldozer

A heavy, tractor-like vehicle with a large, metal plate used to push large quantities of soil, sand, rubble, or other such material during construction or conversion work.