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