Which Strategy Is a Firm Following If It Provides a Unique

question 5

Multiple Choice

Which strategy is a firm following if it provides a unique and superior value in a narrow market?

• A) differentiation focus
• B) cost leadership
• C) differentiation
• D) cost focus
• E) stuck in the middle

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Definitions:

Job Analysis

A systematic process of determining the skills, duties, and knowledge required for performing jobs in an organization, often used for recruitment and performance assessment.

Job Detail

Specific information or characteristics defining a particular job, including responsibilities, requirements, and working conditions.

Long-Term Repercussions

Enduring consequences or effects that result from an action or decision made earlier.

Job Specification

A detailed description of the qualifications, skills, and experience required for an employee to perform a specific job successfully.