Focused strategies keyed either to low-cost or differentiation are especially appropriate for situations where Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation O the industry has many different niches and segments, thereby allowing a focuser to pick a competitively attractive niche that is not only suited to its competitively valuable resources and capabilities but also lessens the risk of overcrowding that occurs when too many rivals attempt to focus their energies on the same target segment. O the industry is growing rapidly, a company can achieve a big enough volume to fully capture all the available scale economies, and the product offerings of most rival sellers are weakly differentiated. O buyers have low costs in switching from one seller's brand to another, buyer, bargaining power is relatively strong, and buyers' needs and uses of the product are diverse. O the industry contains five or more well-defined market segments and most buyers are either price sensitive or value-conscious. O not many buyers are price sensitive or value-conscious.
Focused strategies keyed either to low-cost or differentiation are especially appropriate for situations where Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation O the industry has many different niches and segments, thereby allowing a focuser to pick a competitively attractive niche that is not only suited to its competitively valuable resources and capabilities but also lessens the risk of overcrowding that occurs when too many rivals attempt to focus their energies on the same target segment. O the industry is growing rapidly, a company can achieve a big enough volume to fully capture all the available scale economies, and the product offerings of most rival sellers are weakly differentiated. O buyers have low costs in switching from one seller's brand to another, buyer, bargaining power is relatively strong, and buyers' needs and uses of the product are diverse. O the industry contains five or more well-defined market segments and most buyers are either price sensitive or value-conscious. O not many buyers are price sensitive or value-conscious.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Focused strategies keyed either to low-cost or differentiation are especially appropriate for
situations where
Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation
O the industry has many different niches and segments, thereby allowing a focuser to pick a
competitively attractive niche that is not only suited to its competitively valuable resources
and capabilities but also lessens the risk of overcrowding that occurs when too many rivals
attempt to focus their energies on the same target segment.
O the industry is growing rapidly, a company can achieve a big enough volume to fully capture
all the available scale economies, and the product offerings of most rival sellers are weakly
differentiated.
O buyers have low costs in switching from one seller's brand to another, buyer, bargaining
power is relatively strong, and buyers' needs and uses of the product are diverse.
O the industry contains five or more well-defined market segments and most buyers are either
price sensitive or value-conscious.
O not many buyers are price sensitive or value-conscious.
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