Sears and Holiday Inn encountered difficult times because they did not stand out as the lowest in cost, highest in perceived value, or best in serving some market segment. Both companies are ________.

Sears and Holiday Inn encountered difficult times because they did not stand out as the lowest in cost, highest in perceived value, or best in serving some market segment. Both companies are ________.



A) nichers
B) challenger risk-takers
C) middle-of the roaders
D) differentiated
E) formulated


Answer: C. middle-of-the-roaders


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