As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one

Question

7 days ago

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As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one

of the major aspects of business strategy for the newer networks is ____ than the traditional networks. broader competitive scope increased use of primary activities to capture value narrower competitive scope increased use of support activities to capture value

Business

1 answer:

Scilla [3.5K] · Answer 1 · 2026-04-01T07:49:39+03:00

Answer:

This indicates a narrower competitive focus.

Explanation:

In a narrow competitive focus, a company might adopt a strategy centered around either cost leadership or differentiation. By employing a focus strategy, the business opts to produce goods or offer services aimed specifically at a particular customer segment. In a cost leadership approach, the firm could engage in activities that highlight its ability to provide the lowest price for its targeted audience. Conversely, in a differentiation approach, the firm finds its competitive edge in providing a broad array of products.