Michael Porter Suggests Four Basic Competitive Positioning Strategies That Companies

question 58

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

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Definitions:

Hypnosis

A trance-like state of altered consciousness, characterized by heightened suggestibility and receptivity to direction.

Hypnotized

A state of concentration, focused attention, and increased suggestibility that is often induced by a hypnotic process, which can lead to changes in perception, memory, and behavior.

Inhibitions

Psychological mechanisms or internal processes that restrain, hinder, or suppress certain behaviors, emotions, or impulses.

Bizarre Acts

Unusual or strange behaviors that are often inexplicable and can be indicative of mental health issues.