Porter's Three Generic Strategies Are

question 51

Multiple Choice

Porter's three generic strategies are:

• A)​Industry-based view, resource-based view, and institution-based view.
• B)​Cost leadership, differentiation, and focus.
• C) ​Rivalry among competitors, threat of potential entry, and threat of substitutes.
• D) ​Potential profitability, assessment of opportunities, and challenge of threats.

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Definitions:

Soft Data

Qualitative or subjective information that may be based on opinions, feelings, or perceptions, rather than hard data, which is quantitative and measurable.

Decision-Based Evaluation (DBE) Model

A framework used to evaluate decisions by assessing their outcomes, processes, and impacts.

Evaluation Models

Frameworks or theories designed to assess the effectiveness and impact of programs, policies, or interventions.

Kirkpatrick's "Level One"

The first level of Kirkpatrick's model, which assesses participants' immediate reactions to a training program.