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What Are the Three Generic Competitive Strategies That Porter Promotes

question 68

Multiple Choice

What are the three generic competitive strategies that Porter promotes as the means for outperforming other corporations in a particular industry?


Definitions:

Self-Defense

The act of defending oneself, one's property, or close associates from physical harm or danger using reasonable force.

Deontology

An ethical theory that suggests actions should be judged moral or immoral based on rules, regardless of the outcomes those actions produce.

Framework For Ethics

A set of principles designed to guide the decision-making process by establishing standards of right and wrong.

Ethical Issue

A dilemma or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

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