question archive Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by -a target market niche that is too small to be profitable and offers low growth potential
Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by -a target market niche that is too small to be profitable and offers low growth potential
Subject:BusinessPrice: Bought3
Market circumstances that make a focused low-cost or focused differentiation
strategy attractive are characterized by
-a target market niche that is too small to be profitable and offers low growth potential.
-an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
-few, if any, rivals are attempting to specialize in the same target segment.
-intense competition from industry leaders in the niche or focused segment.
-high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers.
