Which One of the Following Does Not Represent Market Circumstances

question 22

Multiple Choice

Which one of the following does not represent market circumstances that make a focused low-cost or focused differentiation strategy attractive?

• A) When it is costly or difficult for multi-segment competitors to put capabilities in place to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers
• B) When the industry has many different segments and market niches, thereby allowing a focuser to pick an attractive niche suited to its resource strengths and capabilities
• C) When industry leaders do not see that having a presence in the niche is crucial to their own success
• D) When the target market niche is not overcrowded with a number of other rivals attempting to focus on the same niche
• E) When many rivals are attempting to specialize in the same segment

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Definitions:

Graphical Device

A tool or technology used to create visual representations of data to facilitate understanding.

Degrees of Freedom

In statistics, the number of independent pieces of information available to estimate another piece of information or parameters in a model.

ANOVA

Short for Analysis of Variance, a statistical method used to compare the means of three or more samples to see if at least one differs significantly.

Interaction Effect

The interdependent effect of multiple variables on the outcome variable, where the effect of one explanatory variable depends on the level of another variable.