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12 January, 06:21

Nick, a professional magician, is often invited to perform magic tricks at birthday parties and other social gatherings from across the country. However, he offers his services only to clients who stay in the same city as him. He is also known to charge less than other magicians in the city. Nick is pursuing which generic business strategy?

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  1. 12 January, 08:35
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    Focused Low Cost

    Explanation:

    This is a strategy in which a business in the same sector lower their cost in order to have a competitive advantage.
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