Michael Porter Suggests Four Basic Competitive Positioning Strategies That Companies

question 84

Multiple Choice

Michael Porter suggests four basic competitive positioning strategies that companies can follow-three winning strategies and one losing one.Which of the following are considered winning strategies?

• A) middle-of-the-roader, focus, and overall cost leadership
• B) focus, differentiation, and middle-of-the-roader
• C) overall cost leadership, differentiation, and middle-of-the-roader
• D) overall cost leadership, differentiation, and focus
• E) differentiation, operational excellence, and focus

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Definitions:

Market Costs

Expenses associated with buying, selling, and producing goods or services within a market economy.

Pollutants

Substances that contaminate the natural environment, causing harmful effects on living organisms and ecosystems.

East Coasts

The term "East Coasts" typically refers to the eastern seaboard of a continent, often associated with the Atlantic Coast in the context of the United States, marked by significant historical, cultural, and economic developments.

Carbon Dioxide Emissions

The release of CO2 into the atmosphere, primarily from burning fossil fuels for energy, which contributes to global warming and climate change.