Focus Strategies Are

question 117

Multiple Choice

Focus strategies are:

• A) sheltered from the risks associated with industry-wide strategies because of their niche focus.
• B) able to avoid global risk by focusing on niches in national or regional markets.
• C) faced with more types of risks than are industry-wide strategies.
• D) more subject to failure than industry-wide strategies.

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Definitions:

Autocratic Style

A leadership approach characterized by individual control over all decisions and little input from group members.

Decision-Making Style

An individual's typical mode of assessing situations and determining courses of action among options.

Participatory Style

A leadership approach that involves engaging team members in decision-making processes and valuing their input and collaboration.

Core Skill

Essential ability or competence that is necessary for successful performance in a specific job or activity.