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focus

  1. a term used to describe a firm's concentration on a single or limited range of business activities. By focusing on a ‘core activity’ the firm is better able to reap the benefits of SPECIALIZATION and access ECONOMIES OF SCALE, increase its MARKET SHARE and concentrate management's attention and capabilities on ‘what they know best’. On the debit side, however, over-specialization may make the firm vulnerable to cyclical and secular downturns in demand while limiting opportunities for achieving long-run growth. See HORIZONTAL INTEGRATION, COMPETITIVE STRATEGY. Contrast DIVERSIFICATION.
  2. a means of organizing production. See PRODUCT-FOCUSED LAYOUT.
  3. a means of conducting market research by the use of ‘focus groups’. See MARKETING INTELLIGENCE.
  4. competing in (‘targeting’) one MARKET SEGMENT only (also known as niche targeting or marketing.) See CONCENTRATED MARKETING or TARGETING STRATEGY, DIFFERENTIATED MARKETING or TARGETING STRATEGY.

focus

a term used to describe a firm's concentration on a single or limited range of business activities. By focusing on a ‘core activity’, the firm is better able to reap the benefits of SPECIALIZATION and access ECONOMIES OF SCALE, increase its MARKET SHARE and concentrate management's attention and capabilities on ‘what they know best’. On the debit side, however, over-specialization may make the firm vulnerable to cyclical and secular downturns in demand while limiting opportunities for achieving long-run growth. See HORIZONTAL INTEGRATION, DIVERSIFICATION.
References in periodicals archive ?
About Focal Point Focal Point is a leading provider of in-stock and custom-designed polyurethane architectural millwork.
40), the Focal Points are considered by some to help bring back more "actual math," though Fennell and Schielack agree that they don't dictate any type of curriculum or math movement.
Kular said, Infrastructure of the Focal Point 8 should be improved because the condition of roads and sewerage system was worse.
Focal Point President, Ken Robinson, stated, "As one of the original brands in the industry, Focal Point is known for its exceptional quality and designs.
Because of the complex concepts in this case, we held a day-long session with the legal team to develop the key themes and framework to ultimately present to the jury," says Chris Ritter, a partner and leader of The Focal Point trial team.
The FOCAL POINT and DOORS integration that bridges "the void between marketing and engineering;"
Focal Point created the Quick Clips system to make moulding installation fast and easy for anyone interested in adding elegance and value to a home," explained Sherrie Towne, Focal Point representative.
A restaurant and cafe are also part of a groundbreaking design that aims to give downtown a central focal point.
VeriFone's international management team based here will spearhead the organization's global supply chain and serve as the focal point for R&D functions, regional finance and administration, and sales and marketing activities across Australasia, South East Asia and the Indian Sub-Continent.
Focal Point enables enterprise customers to create a cost- effective, price-predictable means of aggregating lower speed data and IP traffic from several geographically dispersed locations to one high-speed circuit at a central location, or Focal Point.
Ray was the (festival) capper, but Joe is the focal point,'' Chiachi noted in an interview shortly after Charles bowed out, pointing out that Cocker - like many U.
Each technology has a different focal point leading the technology forward, as each technological segment is forecasted to experience both unit and revenue growth over the next five years.