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Strategic Management
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What are focus strategies?

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Correct Answer: Option B
Focus strategies is that where a company chooses to concentrate on only one market segment or a limited range of segments. A marketing strategy in which a company concentrates its resources on entering or expanding in a narrow market or industry segment. 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.
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