Which of the Following Is an Advantage of a Company

question 79

Multiple Choice

Which of the following is an advantage of a company following a focused strategy?

• A) Companies following the focused differentiation strategy can charge very high prices.
• B) Damaging attacks never comes from larger firms
• C) Companies following the focused differentiation strategy never have their growth stymied irrespective of the fact that they serve a niche market.
• D) The companies are protected from the damaging attacks of smaller firms that adopt an even narrower focus.
• E) The niche that is an area of operation of one company cannot be made to disappear or be taken over by larger competitors.

---

Definitions:

GMAT Scores

Numerical scores resulting from taking the Graduate Management Admission Test, used by graduate business schools for admissions purposes.

Mean Score

A statistical metric representing the average value of a set of numbers.

Frequency Distribution

A summary of data showing the number (frequency) of observations in each of several non-overlapping categories or bins.

GMAT Scores

Scores obtained from the Graduate Management Admission Test, which assesses certain analytical, writing, quantitative, verbal, and reading skills.