An industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities. intense competition from industry leaders in the niche or focused segment.

Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by:

a. an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.

b. high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers.

c. Intense competition from industry leaders in the niche or focused segment.

d. a target market niche that is too small to be profitable and offers low growth potential.

e. few, if any, rivals are attempting to specialize in the same target segment.

Explanation:

Since the question was incomplete before, we find the answer by matching it to the question;

In Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by An industry that has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.

a)Heat and work are PATH dependent variable  

Path depended variable are those which in order to make a change in the system are concerned about the amount of heat or work transferred or moved in or out of the material within the system or the system as a whole. These variables are not depended on the state of the material before and after the process and but are dependent on the path followed during the process to bring change in the system.  

b)INTERNAL ENERGY, ENTROPY AND PRESSURE of the system are state function. These functions depend on the only on the initial and final state of the system or material and are not dependent on the path followed.