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A__________is the positioning strategy of using cost leadership or differentiation to produce a specialized product or service for a limited, specially targeted group of customers in a particular geographic region or market segment.

User Jim Rush
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Answer:

A focus strategy is the positioning strategy of using cost leadership or differentiation to produce a specialized product or service for a limited, specially targeted group of customers in a particular geographic region or market segment.

Step-by-step explanation:

Based on Porter's positioning strategies, a focus strategy is concerned with the identification of a niche. The company will then produce while focusing on satisfying that niche's needs. The company's market will be, therefore, narrowed down to a specific group based on characteristics such as the group's age, geographical location, or preferences etc. The product the company will offer is unique because it is tailored for that niche.

User Adam Freeman
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