According to Porter, a Business Unit in a Competitive Marketplace

question 13

Multiple Choice

According to Porter, a business unit in a competitive marketplace with no competitive advantage is

• A) achieving synergy.
• B) practicing innovative leadership.
• C) stuck on the middle.
• D) not goal directed.
• E) last in line.

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Definitions:

Technological Advance

The development of new or improved technological methods, tools, or devices that enhance efficiency, productivity, or performance.

Commercialization

The process of bringing new products or technologies to the market, involving production, marketing, and sales strategies.

Scientific Knowledge

The body of reliable information and understanding about the natural world, obtained through systematic study and experimentation.

University Research

The scholarly or scientific investigation conducted within universities, often focusing on advancing knowledge in various academic or applied fields.