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Many Firms Tend to Adopt a Focus or a Niche

question 180

True/False

Many firms tend to adopt a focus or a niche strategy instead of either a cost leadership or a differentiation strategy.


Definitions:

Ethical Intensity

Relates to the perceived importance or significance of an ethical issue, often influencing how decisions are made in a business context.

Factors

Elements or components that contribute to a result or condition; influential determinants in various contexts.

Sustainable Development

A development approach that meets the needs of the present without compromising the ability of future generations to meet their own needs, often focusing on balancing economic, social, and environmental factors.

Energy Management

The practice of controlling and optimizing one's energy levels through various strategies to improve productivity, wellbeing, and overall performance.

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