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Which of Michael Porter's Generic Strategies Would Be Most Appropriate

question 57

Essay

Which of Michael Porter's generic strategies would be most appropriate for an organization that concentrates on achieving superior performance in an important customer benefit area valued by a large part of the market


Definitions:

Distance Learning Technology

Technology-based methods and platforms that enable instruction and education to occur when the teacher and student are not in the same physical location.

New Buy

Refers to a purchasing situation where a buyer acquires a product or service for the first time, involving more research and decision-making effort.

Buying Center Culture

The set of behaviors, beliefs, and values that influence how a company's purchasing decisions are made.

Consensus

Agreement achieved by a group as a whole, where all members support the decision even if it is not their first choice.

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