The Risks of a Focus Strategy Include

question 51

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 a more narrowly defined segment
• B)a competitor's ability to use its core competencies to 'out-focus' the focuser by serving a more broadly defined segment
• C)decisions by industry-wide competitors to use their resources to serve a wider range of customers' specialised 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:

Valid Tender

An offer of payment meeting the legal requirements to extinguish a debt or obligation.

Madison Square Garden Corp., Ill. v. Carnera

A legal case that dealt with specific issues related to contracts or legal obligations; further context would be needed for a precise definition.

Negative Covenant

A promise in a contract that prohibits a party from engaging in certain activities.

Exclusive Services

refers to specialized services provided or contracted to serve only one party or a limited market, often under specific terms that exclude competitors.