Which Porter Strategy Has a Narrow Market Focus

question 58

Multiple Choice

Which Porter strategy has a narrow market focus?

• A)Low cost producer
• B)Product niche
• C)Product differentiation
• D)Service cost to the consumer

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Definitions:

Dennis V. United States

A landmark Supreme Court case concerning the First Amendment and the rights to free speech in the context of the interpretation and enforcement of the Smith Act against Communist Party leaders.

Smith Act

A 1940 United States federal statute that criminalized the advocacy of overthrowing or destroying the U.S. government.

G.I. Bill

A law passed in 1944 providing a range of benefits for returning World War II veterans, including low-cost mortgages, low-interest loans to start a business, and tuition and living expenses for higher education.

Racial Inequality

The disparate treatment and opportunities afforded to individuals based on race, often manifesting in areas such as employment, education, and the justice system.