menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 4: Strategic Management and the Entrepreneur
  5. Question
    The Focus Strategy Depends on Creating Value for the Customer
Solved

The Focus Strategy Depends on Creating Value for the Customer

Question 126

Question 126

True/False

The focus strategy depends on creating value for the customer either by being the low cost producer or by differentiating the product or service in a unique fashion,but doing it in a narrow target segment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q119: Most small business owners believe it is

Q120: Setting seemingly impossibly high objectives,those outside the

Q121: Owners of traditional travel agencies are facing

Q122: A focus strategy is ideally suited to

Q123: One of the strategic management processes is

Q124: A company's intellectual capital is likely to

Q125: Before a business owner can build any

Q127: Purchasing rival companies' products,taking them apart,and analyzing

Q128: The principle behind a _ strategy is

Q129: Goals and objectives provide the direction for

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines