A Focus Strategy Seeks to Exploit Core Competencies

question 30

Multiple Choice

A focus strategy seeks to exploit core competencies:

• A) on an industry-wide basis.
• B) by serving the needs of a certain industry segment.
• C) by servicing one particular corporation within a given industry.
• D) by servicing several professions.

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Definitions:

Mislaid

Property that is placed somewhere intentionally and then forgotten by the owner, distinguishing it from lost or stolen property.

Lost

A state or condition in which something is unable to be found or has gone missing.

Discarded

Thrown away or disposed of as no longer useful or required after consideration.

Abandoned Property

Property that has been discarded by the owner, who has no intention to retain title or possession.