Which Action Is a Cause for Erosion of a Small

question 47

Multiple Choice

Which action is a cause for erosion of a small firm's focus strategy?

• A)Consumer demand grows.
• B)New firms reconstruct the industry.
• C)Differences between segments grow larger.
• D)The focus strategy is imitated.

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Definitions:

Nineteenth Century

A period extending from January 1, 1801, to December 31, 1900, marked by industrial revolution, colonial expansion, and major social reforms.

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The legal entitlement of citizens to participate in the electoral process, determining governmental leadership and influencing legislative decisions.

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A diverse social structure in the United States characterized by a range of cultures, ethnicities, and social dynamics.

Noah Webster

An American lexicographer, textbook pioneer, English-language spelling reformer, political writer, editor, and author known for his dictionaries.