One Drawback of the Concentration Strategy Is That the Organization

question 33

True/False

One drawback of the concentration strategy is that the organization is vulnerable to industry and other external environmental shifts.

---

Definitions:

Members

Individuals who belong to a group, organization, or a community, sharing common interests or goals.

Legal Scholars

Experts or academics specializing in the study, interpretation, and teaching of law.

Euro

The official currency of the eurozone, which is used by 19 of the 27 European Union countries, and is one of the world's major currencies.

Currency Exchange Rates

The value of one currency for the purpose of conversion to another, indicating how much of one currency can be exchanged for another currency.