A Company That Looks for a Niche in the Market

question 48

Multiple Choice

A company that looks for a niche in the market is following which strategy?

• A)Retrenchment
• B)Focus
• C)Differentiation
• D)Corporate

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Definitions:

Upward Mobility

The ability or opportunity for individuals to improve their economic status or social class, often through education or career advancements.

Leaking Pipeline Problem

The phenomenon where glass ceilings and other obstacles cause qualified and high-performing women to drop out of upward career paths.

Force Management Strategy

A plan to develop, deploy, and sustain military forces, aligning resources, personnel, and capabilities to meet strategic objectives.

Assistant Manager

A role supporting the manager, typically involved in overseeing operations, staff, and administrative tasks, sometimes acting in the manager's absence.