[solved] What sets focused strategies apart from low-cost provider and broad differentiation strategies is quizlet

concentrated attention on a narrow piece of the overall market--the target segment or market niche can be defined by geographic uniqueness, by specialized requirements in using the product, or by special product attributes that appeal only to those buyers who comprise the market niche.

concentrated effort to become the industry's overall market share leader by totally dominating sales in one particular market niche.

strong focus on using a single value driver to provide buyers with a few well-defined product features and attributes.

their suitability for market situations where most industry rivals have weakly differentiated products.

concentrated attention on providing buyers with top-notch product performance and superior product quality.


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05-09-22 | 06:27:56

correct answer:
concentrated attention on a narrow piece of

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