MCQOPTIONS
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| 1. |
What are focus strategies? |
| A. | Where a company focuses on achieving lower costs than its rivals so as to compete across a broad range of market segments |
| B. | Where a company chooses to concentrate on only one market segment or a limited range of segments |
| C. | When a company conducts market research through focus groups to determine how their strategy should be shaped |
| D. | When a company focuses on supplying differentiated products which appeal to different market segments |
| Answer» C. When a company conducts market research through focus groups to determine how their strategy should be shaped | |