• 2021-04-14
    9. __________ strategy describes a situation wherein a company chooses to strategically differentiate itself from the competition within a narrow or niche market.
  • Differentiation focus strategy

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      5. A differentiation strategy focuses on providing a product or a service with _______ attributes, in comparison with the competition, to reach a broad market. In other words, it means to set the product or service apart from similar ones.

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      It is the development strategy of the company to ____ its overseas expansion in order to take a slice of the world market.

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      Current marketing situation means to present relevant ________ data on the market, product, competition, and distribution.

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      Cost leadership as a strategy requires a firm to____________. A: aggressively seach out efficiencies to maintain the lowest cost structure B: be unique in its product offering C: aim at a cost advantage in a niche market D: aim to be similar to its competition in most operations

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      The new start-up company _________ a large chunk of the market within a year.