All of the Following Are Advantages of Using a Concentrated

question 98

Multiple Choice

All of the following are advantages of using a concentrated targeting strategy EXCEPT:

• A) concentration of resources
• B) can better meet the needs of a narrowly defined segment
• C) allows some small firms to better compete with larger firms
• D) strong positioning
• E) high cannibalization

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Definitions:

Informal Structures

Informal structures refer to the unofficial, often unacknowledged, networks and relationships that exist within an organization, influencing communication, decision-making, and social interactions.

Social Relationships

Connections between individuals based on mutual interests, social ties, or interactions that impact behavior and attitudes.

Traditional Organizational Structures

Hierarchical arrangements where authority flows from the top down, characterized by clear departmental boundaries and responsibilities.

Functional

Relates to the specific role or purpose something serves within a larger system or structure.