Decision making

[name of the institute]Decision Making

Introduction

Mainly marketing approaches divided into three components. As per the undifferentiated approach or tactic, all the clients served the same, and the companies do not try any effort to satisfy groups. This technique works when the items or service is of an unimpeachable standard. However, there are cases where the competitor in the market is unable to offer such standards. Customarily, these cases are in commodities category. As per the focused strategy, a company decides to emphasis on any one of the diverse segments, which exist whereas, leaving the rest of the segments for the competitors.

The ...