True/False
A potential pitfall of a focus strategy is that over time the cost advantages in a narrow market niche can erode,leaving the company with little profit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Many firms facing a turnaround situation try
Q15: In technology intensive industries, the duration of
Q34: A firm can attain an overall cost
Q70: Discuss some of the effective turnaround strategies.
Q71: The market life cycle should be used
Q72: One aspect of using a cost leadership
Q76: Which of the following is not a
Q79: Convincing rivals not to enter a price
Q80: Explain the advantages of the four alternative
Q98: A disadvantage of firms that successfully integrate