Nick's Generic Business Strategy

Nick's Magic Tricks Business

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.

Generic Business Strategy Pursued by Nick

Answer:

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.