The Focused Differentiation Strategy Differs from the Differentiation Strategy in That

question 1

Multiple Choice

The focused differentiation strategy differs from the differentiation strategy in that:

• A) the focused differentiators have a broader competitive scope.
• B) the value-creating activities of focused differentiators are more constrained.
• C) focused differentiators target a narrower customer market.
• D) there are fewer risks with the focused differentiation strategy.

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Definitions:

Nobel Prize

Prestigious international awards given annually in several categories including physics, chemistry, medicine, literature, and peace.

Human Resource Strategy

A plan that outlines how a company will utilize its human resources to achieve its business objectives, including talent acquisition, development, and management.

Business Portfolio Model

A strategic tool used by businesses to categorize and evaluate different segments, projects, or investments within the company based on factors like profitability, risk, and growth potential.

Strategic Business Units

Organizational entities within larger corporations, operating with their own mission, vision, and resources, focused on market needs.