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:

Working Memory

The part of short-term memory that is concerned with immediate conscious perceptual and linguistic processing.

Friendship Development

The process through which individuals form and maintain social bonds and relationships characterized by mutual affection and connection.

Generous

Showing a readiness to give more of something, such as money or time, than is strictly necessary or expected.

Selman's Ideas

Refers to Robert Selman's theories on social perspective taking and its role in the development of social-cognitive understanding in children.