asked 189k views
0 votes
​ritz-carlton focuses on the top 5 percent of corporate and leisure travelers. this represents​ a(n) __________ strategy.

1 Answer

2 votes

The answer is focus strategy. Focus strategy is commonly employed wherein a company has proper knowledge of its segment and has a vast of goods to competitively fulfill its desires. There are three generic marketing strategies namely focus strategy, differentiation strategy and the low cost strategy.

answered
User Chandan
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.