Michael Porter, a Management Strategy Expert, Developed a Strategic Framework

question 45

Multiple Choice

Michael Porter, a management strategy expert, developed a strategic framework in which a firm has ways to develop a competitive advantage.Which of the following is one of the ways Porter suggested a firm use to develop a competitive advantage?

• A)Supply chain management
• B)Low-cost production
• C)Just-in-time management
• D)Enterprise Resource Planning

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Definitions:

Cilia

Microscopic, hair-like structures on the surface of certain cells that move in a wave-like manner, facilitating movement or the transport of fluids and particles.

Vesicle

A small, fluid-filled sac or cyst within the body or a cell, used to transport materials within the cytoplasm.

Membrane Enclosed Sac

A structure within a cell, bounded by lipids, that contains fluid or smaller organelles, involved in transport, storage, and processing.

9+2 Arrangement

A specific structure found in the microtubules of eukaryotic cilia and flagella, consisting of nine pairs of microtubules surrounding two central microtubules.