Porter's Three Generic Choices Address How a Firm Is to Make

question 42

Multiple Choice

Porter's three generic choices address how a firm is to make strategic choices in order to:

• A)​Become an incumbent firm with excess capacity.
• B)​Allow buyers to enhance their bargaining power.
• C) ​Strengthen the focal firm's position relative to the five competitive forces.
• D) ​Establish structures that increase the costs of entry and reduce the scale of production.