Focus Strategies Are

question 58

Multiple Choice

Focus strategies are:

• A) sheltered from the risks associated with industry-wide strategies because of their niche focus.
• B) able to avoid global risk by focusing on niches in national or regional markets.
• C) faced with additional types of risks than are industry-wide strategies.
• D) more subject to failure than industry-wide strategies.

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Definitions:

Dissaving

The process where spending exceeds income, leading to a depletion of savings or accumulation of debt.

APC

The Average Propensity to Consume, which measures the fraction of income that households spend on goods and services rather than saving.

Disposable Income

The spendable income of households after income tax deductions tailored for saving and spending.

Disposable Income

The financial resources meant for household spending and saving after settling income taxes.