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Company K is a wellness center that offers physical therapy to a small percentage of high-performing athletes. The company offers cryotherapy, which uses extreme cold
Company K is a wellness center that offers physical therapy to a small percentage of high-performing athletes. The company offers cryotherapy, which uses extreme cold to help athletes boost recovery. Since very few wellness centers offer cryotherapy, athletes are willing to pay a premium price for the service. In this scenario, Company K is following a
a. | liquidation strategy. | |
b. | broad differentiation strategy. | |
c. | product diversification strategy. | |
d. | focused differentiation strategy. |
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