Which of Porter's Competitive Strategies Recommends That a Company Emphasize

question 16

Multiple Choice

Which of Porter's competitive strategies recommends that a company emphasize a particular buyer group or geographic market and attempts to serve only this niche market in order to be more efficient?

• A) differentiation
• B) cost leadership
• C) differentiation focus
• D) competitive advantage
• E) cost focus

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Definitions:

Absolute Advantage

The ability of a country, individual, or company to produce a good or service more efficiently than competitors using the same amount of resources.

Portugal

A country located in southwestern Europe on the Iberian Peninsula, known for its rich history, cultural heritage, and maritime discoveries.

Free Trade Policies

Advocate for minimal restrictions on the import and export of goods and services between countries, aiming to increase economic efficiency and growth.

U.S.

A country located in North America, known officially as the United States of America, which is a federal republic consisting of 50 states.