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Which of the Following Is Not One of the Generic

question 58

Multiple Choice

Which of the following is not one of the generic strategies that can be pursued by an organization, as identified by strategist Michael Porter?


Definitions:

Vision

A future-oriented declaration of the organization's goals and aspirations, intended to guide its internal decision-making.

Corporate Strategy

The overall plan and direction devised by the management of a company to achieve long-term business objectives.

Business Strategy

A plan of action designed by an organization to achieve its long-term goals and secure a competitive position in the market.

Product Domain

The complete range of products that a company creates or plans to offer within its market.

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