Which of the Following Is a Fundamental Competitive Strategy Suggested

question 84

Multiple Choice

Which of the following is a fundamental competitive strategy suggested by Porter?

• A)Creating alliance partners
• B)Developing innovative products
• C)Providing the best customer service
• D)Differentiating its products to become a niche player
• E)Growing the diversity of the products and/or service offered

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Definitions:

Terminally Ill

A condition in which a patient is suffering from a disease or illness for which there is no cure and is expected to result in the death of the patient.

Mental Health Hotline

A confidential, usually toll-free phone service offering emotional support, advice, and referrals to individuals facing mental health challenges.

Weak Ties

Social connections that are not closely bonded or emotionally involved but can provide valuable information and opportunities not available in one's immediate social circle.

Job Advancement

The process or opportunity for a worker to move to a higher position or rank within their employment context.