Porter's Four Generic Strategies for Achieving Competitive Advantage Are

question 70

Multiple Choice

Porter's four generic strategies for achieving competitive advantage are:

• A)price determination,cost leadership,product differentiation,distribution savings.
• B)cost leadership,product differentiation,cost challenger,product challenger.
• C)price leadership,product differentiation,price challenger,cost differentiation.
• D)cost leadership,product differentiation,cost focus,focused differentiation.
• E)cost leadership,product differentiation,consumer differentiation,focused differentiation.

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Definitions:

Behavioural Component

The aspect of attitude that involves the way one acts or behaves towards an object or situation.

Laughing Uncontrollably

An involuntary reaction of laughing excessively without the ability to stop, often triggered by humor, certain stimuli, or sometimes neurological conditions.

Emotional Experience

The complex psychological state involving an individual's subjective feelings, thoughts, and physiological responses to stimuli.

Facial Feedback Hypothesis

The theory that facial movements can influence emotional experiences, suggesting that smiling can make you feel happier.