The Risks of a Focus Strategy Include

question 113

Multiple Choice

The risks of a focus strategy include:

• A) a competitor's ability to use its core competencies to out-focus the focuser by serving an even more narrowly defined segment.
• B) a competitor's ability to use its core competencies to out-focus the focuser by serving an even more broadly defined segment.
• C) decisions by industry-wide competitors to use their resources to serve a wider range of customers' needs than the focuser has been serving.
• D) decisions by focused competitors to use their resources to serve a wider range of customers' needs.

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Definitions:

Regression Toward The Mean

The statistical phenomenon where extreme scores or outcomes naturally return to the average over time.

Therapy

Therapy is a treatment intended to relieve or heal a disorder, usually referring to psychological counseling and support.

Inpatient Population

Individuals who are admitted to a hospital or healthcare facility for treatment that requires at least one overnight stay.

Public Mental Hospitals

Government-funded institutions that provide psychiatric care and treatment for individuals with mental illnesses.