Focusing the Ability Can Secure a Competitive Edge but Also

question 80

Multiple Choice

Focusing the ability can secure a competitive edge but also carries some risks that could be detrimental to the focused firm, such as

• A)the likelihood that a focused company will become so cost efficient it will achieve excessive profits.
• B)the potential for the preferences and needs of niche members to shift over time toward mainstream provider product attributes.
• C)the potential for the niche to become so attractive it will not attract new competitors thereby providing excessive market segment profits.
• D)the potential for technological advances to favor only low-cost providers.
• E)the likelihood that a focused company will become so cost inefficient it will achieve excessive profits.

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Definitions:

Reactive Power

The portion of electricity that establishes and sustains the electric and magnetic fields in AC operations, measured in volt-amperes reactive (VAR).

RLC Series Circuit

A circuit configuration comprising a resistor (R), inductor (L), and capacitor (C) connected in series.

Applied Voltage

The voltage that is externally applied to an electrical circuit or device, which drives the current through it.

Current Flow

The movement of electric charge carriers, like electrons or ions, through a conductor or space.