Focusing Carries Several Risks, One of Which Is the

question 78

Multiple Choice

Focusing carries several risks, one of which is the

• A)chance that niche customers will bargain more aggressively for good deals than customers in the overall marketplace.
• B)chance that competitors will find effective ways to match the focused firm's capabilities in serving the target market.
• C)potential for the segment to be highly vulnerable to economic cycles.
• D)potential for the segment to become too specialized for other multisegmented rivals to enter.
• E)inability of a company to compete industry-wide.

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Definitions:

Organization

Organization refers to the structured arrangement of elements within a system or entity, facilitating efficiency, clarity, and order.

Mark

A symbol, sign, or indication used to signify importance or identity.

Urgent

A situation or matter requiring immediate action or attention.

Social Network

Platforms or websites that enable users to create and share content or to participate in social networking, connecting individuals with shared interests or activities.