A Firm That Selects and Focuses on One or a Few

question 38

Multiple Choice

A firm that selects and focuses on one or a few single segments is most likely using a strategy of ________.

• A) product specialization
• B) segment specialization
• C) selected specialization
• D) full market coverage

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Definitions:

Political Group

An organization or collective of individuals that seeks to influence or participate in governance or policy-making processes.

Optimizing Productivity

The process of making the best or most effective use of resources to maximize output or efficiency.

Drowsy

A state of feeling abnormally sleepy or tired, often leading to a decline in alertness and performance.

Social Worker

A professional who supports individuals, families, and groups to cope with challenges and enhance their well-being through a range of services, including counseling and advocacy.