A ________ Strategy Is One in Which a Company Emphasizes

question 12

Multiple Choice

A ________ strategy is one in which a company emphasizes on serving the needs of a narrowly defined market segment by being the low-cost leader,differentiating its product,or both.

• A) global
• B) focus
• C) stability
• D) retrenchment

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Definitions:

Backcountry Farmers

Farmers in the 18th and 19th centuries located in remote rural areas of the American colonies and the United States, often living on the frontier and practicing subsistence farming.

Benedict Arnold

An American military officer who served during the Revolutionary War before defecting to the British side, becoming synonymous with the term traitor.

War for Independence

The conflict between the Thirteen American Colonies and Great Britain from 1775 to 1783, resulting in the establishment of the United States of America.

American Southwest

A region in the United States defined by its arid and semi-arid climate, encompassing states such as Arizona, New Mexico, parts of California, Nevada, Utah, and Colorado.