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When small businesses focus on narrow market niches or product needs, what is the likely result? * 2 points O Focusing on a narrow product
When small businesses focus on narrow market niches or product needs, what is the likely result? * 2 points O Focusing on a narrow product offering reduces the uniqueness of that product. Firms that focus on narrow market niches or product needs face greater competition from larger firms. O Firms that focus on narrow market niches struggle with growth. firms that focus on narrow market niches or product needs often develop enviable reputations for quality and service
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