A company using a narrow target market in its business strategy is:
A. following a cost leadership business strategy.
B. focusing on a broad array of geographic markets.
C. limiting the group of customer segments served.
D. decreasing the number of activities on its value chain.
Answer: C
You might also like to view...
The “Demarcation of Control” is ______.
a. the primary theory of followership b. the point at which managers give up control to leaders c. a dashed line that signifies the point at which decision-making shifts (from leaders) to followers d. point at which leadership becomes authoritative and directive
A major benefit to central warehousing is direct product shipment to each store
Indicate whether the statement is true or false
What is a written order of a court allowing law enforcement officers to search a certain place?
a. Information b. Indictment c. Search warrant d. Bill of particulars
ISO certification ______.
a. takes time but not much effort b. takes a lot of effort but not much time c. takes both time and effort d. takes neither time nor effort