Question

A firm using a(n) __________ strategy generally needs to operate "below the radar" of larger and more resource rich firms that serve the broader market.

Answer 1

Answer:

The correct answer is letter "C": focused.

Explanation:

A focus strategy is developed by companies that have conducted a market segmentation and selected the specific market segment they will dedicate their efforts to satisfy a certain need. Those entities will be able to provide a specialized good or service to their audience.

Focus-strategic companies work under the radar of larger firms that measure the performance of individual entities who have a dedicated niche to replicate their method of working but focusing on a broader scope.