A Risk of a Focus Strategy Is That the Needs

question 79

True/False

A risk of a focus strategy is that the needs of the customer within a narrow competitive segment may become more similar to those needs of customers in the whole market.

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Definitions:

Legal Significance

The importance or consequence of a legal matter, decision, or concept in the context of the law.

Infringement

The unlawful interference with the legal rights of another.

Prohibited Mark

A symbol, logo, or other identifiers that cannot be legally used due to copyright, trademark, or other legal restrictions.

Trade Name

The name under which a business operates and is known to the public, distinct from the company's legal name.