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:

Intra-

Intra- is a prefix meaning within or inside.

Hydrotherapy

The use of water for pain relief and treating illnesses, involving various methods like baths and exercises in water.

-Therapy

A suffix used in the medical field to indicate treatment of disease or disabilities, examples include chemotherapy, radiotherapy, and physiotherapy.

Visceral Muscle

Smooth muscle found within the walls of internal organs that contracts involuntarily, involved in various bodily functions such as digestion and blood flow regulation.