In a focused cost-leadership strategy, a firm
A. caters to the segment of the market that is least cost-sensitive.
B. provides high-priced products for many different segments of the mass market.
C. delivers low-cost products and services to a specific, narrow part of the market.
D. focuses on reducing the economic value created to drive down costs.
Answer: delivers low-cost products and services to a specific, narrow part of the market.