Focus Strategy Can Be Defined As

question 56

Multiple Choice

Focus strategy can be defined as: 

• A) the strategy of merging with an established company in order to gain monopoly over the market.
• B) the strategy a company uses when it decides to allocate the company resources equally among all the marketing segments
• C) the strategy a company uses when it decides to serve a limited number of segments, or just one segment of the market.
• D) the strategy a company uses when it decides to ignore the different needs of different market segments, and produce one standardized product for all the customers.
• E) the strategy of closing down one or more business units in order to minimize the losses.

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Definitions:

Indirect Method

A way of calculating cash flows for the cash flow statement where net income is adjusted for changes in balance sheet accounts to reflect cash operations.

Statement of Cash Flows

A financial statement showing the cash inflows and outflows from operating, investing, and financing activities over a specific period.

Operating Activities

Day-to-day business functions and transactions related to a company's core business operations, such as sales and purchasing.

Net Income

The profit a company has after all expenses, taxes, and costs have been subtracted from total revenue.