According to Michael Porter,a Business That Avoids Direct Confrontation with Its

question 26

Multiple Choice

According to Michael Porter,a business that avoids direct confrontation with its major competitors by concentrating on narrowly defined market niches is using the ______ strategy to gain and maintain competitive advantage.

• A)overall cost leadership
• B)differentiation
• C)focus
• D)segmenting

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Definitions:

Lawnmower

A machine utilizing one or more revolving blades to cut a grass surface to an even height.

Acceptance

The act of agreeing to an offer, or the acknowledgment of a deal's terms, making it legally binding.

Rejection

In contract law, the refusal to accept an offer or a breach by the other party, or in the context of goods, refusal because they do not meet specified terms.

Wood Gun Cabinet

A wood gun cabinet is a type of furniture designed for the storage of firearms, usually made from wood and often featuring glass panels for display.