What Is the Primary Disadvantage of Employing a Market Specialization

question 215

Multiple Choice

What is the primary disadvantage of employing a market specialization strategy?

• A)Gaining market distribution will be costly.
• B)The organization may be spread too thin.
• C)The organization achieves neither marketing nor manufacturing synergies.
• D)R&D-manufacturing have the difficulty of producing multiple products.
• E)There are too many product substitutes over which a firm would not have control.

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Definitions:

Product's Life Cycle

The progression of a product through several stages including introduction, growth, maturity, and decline, affecting marketing strategies and management decisions.

Nostalgia

A sentimental longing or wistful affection for the past, typically for a period or place with happy personal associations.

Antagonism

Opposition or active resistance against something; in pharmacology, it may refer to a substance that interferes with or inhibits the physiological action of another.

Price Changes

Adjustments made to the selling price of goods or services in response to market demands, cost of production, or competitive landscape.