A Concentration Strategy

question 47

Multiple Choice

A concentration strategy

• A) does not enable an organization to become very good at what it does.
• B) cannot cause the organization to become vulnerable to industry and other external environmental shifts.
• C) allows the firm to diversify into new industries.
• D) is a growth strategy in which the organization concentrates on its primary line of business and looks for ways to meet its growth objectives through expanding its activities or operations in its core business.
• E) None of the answer choices is correct.