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:

Interpersonal Attraction

A force that draws people together, leading to friendships, romantic relationships, and other forms of social interaction.

Reciprocal Liking

The phenomenon where people tend to like others who like them back, often strengthening interpersonal bonds.

Proximity

The physical closeness or distance between objects or individuals, impacting relationships and interaction.

Companionate

Referring to affection and tenderness felt in long-term, committed relationships.