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Management · Q272

Strategic Management

Graduate and Post Graduate · Management · question 272

Q272

Which of these is not a valid reason in support of focused strategies?

A.
Greater control
Answer
B.
Reduction of weak business to develop a strong core
C.
Competence consolidation
D.
Cost reduction

Answer: Option A

Solution

Answer: Option A
Solution:
Greater control is not a valid reason in support of focused strategies. A focus strategy is usually employed where the comopany knows its segment and has products to competitively satisfy its needs. Focus strategy is one of three generic marketing strategies.