The Risks of a Focus Strategy Do NOT Include

question 58

Multiple Choice

The risks of a focus strategy do NOT include:

• A) a competitor outfocuses the focuser.
• B) a firm pursuing an industry-wide strategy decides that the segment being served by the focuser is attractive.
• C) the needs of customers in the narrow segment served by the focuser grow more similar to those of customers in the entire industry.
• D) the top management team deciding to change strategies.

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Definitions:

Continental Margins

The zones of transition between the landmasses of continents and the deep-sea floors, including the continental shelf, slope, and rise.

Island Arcs

Curved chains of volcanic islands that form along the convergent boundaries of tectonic plates, typically over a subducting plate.

Transform Fault

A type of fault wherein two tectonic plates slide past each other horizontally, often associated with significant seismic activity.

Mid-ocean Ridge

An underwater mountain range, formed by plate tectonics, that stretches across the ocean floor, marking sites where new oceanic crust is created by volcanic activity.