Which of the Following Is Not a Potential Pitfall of a Focus

question 63

Multiple Choice

Which of the following is not a potential pitfall of a focus strategy?

• A) Erosion of cost advantages can arise within the narrow segment.
• B) Product/service offerings that are highly focused are subject to competition from new entrants.
• C) Focusers can become too focused to satisfy buyer needs.
• D) All rivals share a common input or raw material.

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Definitions:

Triarchic Theory

A model of intelligence proposed by Robert Sternberg, consisting of analytical, creative, and practical components.

Analytical Intelligence

Part of Sternberg's Triarchic Theory of Intelligence, it involves the ability to analyze, evaluate, judge, compare, and contrast.

Creative Intelligence

The capacity to solve novel problems and come up with original and appropriate solutions.

Experiential Intelligence

The ability to use one's own experiences effectively for learning and problem-solving, often related to practical intelligence.