Question Details

The greatest disadvantage of the focused strategy 



1.	Which of the following strategies is (are) designed to target industry wide markets?
a.	low-cost
b.	differentiation
c.	both of these target industry wide markets
d.	neither of these target industry wide markets


	

	2.	All of the following strategies target industry wide markets except:
a.	focused
b.	differentiation
c.	low-cost
d.	all three of these strategies target industry wide markets


	

	3.	All of the following are important to organizations following the focused strategy except:
a.	keeping repeat buyers
b.	attracting new buyers
c.	specializing in ways other organizations cannot match
d.	economies of scale


	

	4.	The greatest disadvantage of the focused strategy is
a.	the customer niche may shift toward a broader market
b.	lack of repeat buyers
c.	availability of a singular organization design
d.	customers become knowledgeable


	

	5.	When one department or team must complete certain tasks before one or more other departments or teams can perform their tasks, and those tasks are arranged in a predetermined order or flow, it can be said that ____ interdependence exists between the two groups.
a.	reciprocal
b.	network
c.	pooled
d.	Sequential





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