According to Porter, the Competitive Strategy That Applies to the Ability

question 1

Multiple Choice

According to Porter, the competitive strategy that applies to the ability of the corporation or its business unit to design, produce, and market a comparable product more efficiently than its competitors is called

• A) competitive scope.
• B) differentiation.
• C) concentration.
• D) diversification.
• E) lower cost.

---

Definitions:

Reformat

The process of deleting all data on a storage device and restoring it to its factory settings, often used to correct errors or clean up a system.

Hard Drive

A non-volatile storage device that uses magnetic storage to store and retrieve digital information.

Deoxyribose

A five-carbon sugar molecule that is a component of DNA, differing from ribose by the absence of an oxygen atom at the second carbon position.

Ribose

A five-carbon sugar found in RNA that is crucial for various biological processes, including RNA synthesis.