focus

(redirected from primary focus)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

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 ?
Norris has more than 30 years of experience in New Jersey commercial real estate, with a primary focus on investment sales and landlord representation services in the Princeton area.
The group's primary focus is in real estate, mining, media, transportation, entertainment and technology.
Ra'Kia joins the CAL team with recent experience as a senior R&D chemist for Zotos International where her primary focus was on formulations of hair and body care products.
Badten's litigation practice has a primary focus on representing homeowner and condominium associations, as well as advising on contract and real estate disputes, creditor rights, secured transactions, landlord-tenant law (landlords), employment law, and commercial litigation Badten has been a partner/ member at Groh Eggers, LLC for the past four years and was an associate for the previous five years.
Similarly, substance abuse treatment facilities whose primary focus is treating a mix of substance use and mental health issues are more likely than other types of treatment facilities to provide special programs for gay and lesbian clients.
She comes to Siegfried from Grant Thornton, where she worked as a senior associate in the audit practice with a primary focus in the energy industry.
Hong Kong, China, Feb 23, 2010 - (ABN Newswire) - Mongolia Energy Corporation (HKG:0276) (PNK:MOAEF) is a Hong-Kong based mining company whose primary focus is the exploration, development and operation of energy-related projects in Mongolia.
In 2003, he moved to McKinsey & Company as a senior advisor with primary focus on business process optimisation.
Citi Private Bank (CPB), a member of Citi, has appointed Daniel Gay as senior private banker with primary focus on Abu Dhabi-based Ultra High Networth clients.
The primary focus of the InFlight company is to demonstrate that a physical disability is not a barrier in the dance world.
Bruyn (Professor Emeritus, Department of Sociology, Boston College) has as its primary focus America and the world's radical shifts with respect to dealing with issues of injustice, ecological destruction, political instability, weapons of mass destruction, the reemergence of authoritarian governments, and the necessity to create a secure future as a "civil republic".
When Madison Dearborn took over Cascades' assets in 2004, they viewed the bridge as a non-essential item since their primary focus is on paper production, Anderson says.