Porter's Four Generic Strategies for Achieving Competitive Advantage Are

question 70

Multiple Choice

Porter's four generic strategies for achieving competitive advantage are:

• A)price determination,cost leadership,product differentiation,distribution savings.
• B)cost leadership,product differentiation,cost challenger,product challenger.
• C)price leadership,product differentiation,price challenger,cost differentiation.
• D)cost leadership,product differentiation,cost focus,focused differentiation.
• E)cost leadership,product differentiation,consumer differentiation,focused differentiation.

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Definitions:

Attractiveness

The property of having qualities that are appealing or pleasing in appearance or other traits.

Burdened

Feeling overwhelmed or heavily weighed down by responsibilities, problems, or difficulties.

Propinquity Effect

A phenomenon where people form closer relationships with those physically nearer to them due to increased opportunities for interaction.

Friendship Patterns

The recurring dynamics, interactions, and behaviors observed within friendships, often influenced by cultural, societal, and personal factors.