Focus Strategy Can Be Defined As

question 41

Multiple Choice

Focus strategy can be defined as:

• A)the strategy of merging with an established company in order to gain monopoly over the market.
• B)the strategy a company uses when it decides to allocate the company resources equally among all the marketing segments
• C)the strategy a company uses when it decides to serve a limited number of segments, or just one segment of the market.
• D)the strategy a company uses when it decides to iguore the different needs of different market segments, and produce one standardized product for all the customers.
• E)the strategy of closing down one or more business units in order to minimize the losses.

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Definitions:

Organizational Effects

The impact or outcomes that result from the policies, practices, and culture of an organization, affecting its members and operations.

High Absenteeism

A significant or frequent lack of presence by employees at their place of work.

Social Discounting Bias

The tendency to devalue benefits or resources when they are to be shared with an increasing number of others.

Hostile Attribution Bias

The inclination to perceive the actions of others as being motivated by aggression, even if those actions are unclear or harmless.