Multiple Choice
Nick, a professional magician, is often invited to perform magic tricks at birthday parties and other social gatherings from across the country. However, he offers his services only to clients who stay in the same city as him. He is also known to charge less than other magicians in the city. Nick is pursuing which generic business-level strategy?
A) Broad differentiation strategy
B) Focus differentiation strategy
C) Focus low-cost strategy
D) Broad low-cost strategy
E) Medium market segmentation strategy
Correct Answer:

Verified
Correct Answer:
Verified
Q11: The basic proposition of the blue ocean
Q12: Companies that focus on the higher-income or
Q13: Delta Air Lines used to advertise its
Q14: Compared to a differentiator, the company that
Q15: The advantage that focused companies have over
Q17: Acknowledging the demand for healthier drinking options,
Q18: When a company recognizes that the needs
Q19: Which of the following organizational arrangements does
Q20: Mike's Eatery, a fast-food chain, neither customizes
Q21: The basic proposition of the blue ocean