focus

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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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Journal Number of Ethic Research papers (n) ethic ICTD 2010 posters 36 8 1 ICTD 2010 plenary 18 4 0 ICTD 2009 19 5 0 ICTD 2007 38 3 0 IFIP WG 9.4 2011 48 7 0 IFIP WG9.4 2009 35 6 0 IFIP WG 9.4 2007 57 2 0 Journal Informed Debate of Ethic and consent informed research consent in method research ICTD 2010 posters 2 1 1 ICTD 2010 plenary 0 0 1 ICTD 2009 0 0 1 ICTD 2007 0 0 0 IFIP WG 9.4 2011 1 0 2 IFIP WG9.4 2009 0 0 1 IFIP WG 9.4 2007 0 0 1 Journal Explicit IRB or Debate of debate of ethics role of ethics of committee ethical methods review ICTD 2010 posters 1 1 0 ICTD 2010 plenary 1 1 1 ICTD 2009 0 0 0 ICTD 2007 0 0 0 IFIP WG 9.4 2011 0 0 0 IFIP WG9.4 2009 0 0 0 IFIP WG 9.4 2007 0 0 0 Table 3.
The event is hosted and organized between 23rd-25th April by the Canadian University of Dubai, and co-sponsored by the Institute of Electronics and Electrical Engineering (IEEE) and the International Federation for Signal Processing (IFIP) - the world's largest professional associations for the advancement of technology.
At the same time and place that the International Federation for Information Processing (IFIP) held its International Working Conference on Enterprise Interoperability (IWEI), four workshops were also held complementing the conference.
His professional career includes terms as Chair of the ACM Special Interest Group .on Numerical Mathematics (1970-73), Chair of the Computing Research Association (1991-93), member of the International Federation for Information Processing (IFIP) Working Group 2.5 (Numerical Software, 1977-present), and Vice President/ Trustee of the International Association for Mathematics and Computers in Simulation (IMACS, 1994-present).
ACM became a full member of IFIP, the International Federation for Information Processing (www.
Hamdan Bin Mohammed e-University (HBMeU), a leader in the field of e-Learning in the Arab World, has announced that it has been voted as a new member of the prestigious International Federation for Information Processing (IFIP) during the IFIP General Assembly 2010 held recently in Australia.
This proceedings presents 32 substantial papers that were given at the October 2008 IFIP International Conference on Network and Parallel Computing Workshops, held in Shanghai, China.
Community (OIC 2007): Towards Effective Exploitation and Integration of Intelligence Resources 3rd International IFIP Nov.
Conference site: The conference is planned for 18-20 July as a satellite to the 23rd IFIP TC7 Conference on System Modelling and Optimization in Cracow, Poland, 23-27 July .
IFIP Technical Committee 11 on Security and Protection in Information Processing Systems has given the 1999 Kristian Beckman Award to Willis H.
This material was presented under the title "d1mach revisited: no more uncommenting data statements" at the IFIP WG2.5 International Workshop on "Current Directions in Numerical Software and High Performance Computing," October 19-20, 1995, Kyoto, Japan.