Generic Strategies

question 19

Multiple Choice

Generic strategies

• A)Occur when a company can outmatch its rivals in attracting and maintaining its customers.
• B)Represent basic ways that domestic and multinational companies keep and achieve competitive advantage.
• C)Are all based on finding ways to provide superior value to the customer.
• D)None of the above

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Definitions:

John Marshall

Was the fourth Chief Justice of the United States (1801–1835), known for his role in establishing the judiciary as a coequal branch of government.

Pennsylvania Abolition Society

is an historic organization founded in 1775, dedicated to promoting the abolition of slavery and assisting freed slaves in the United States.

Slavery

A regime where people are the property of others, lacking in personal autonomy, and compelled to work or provide services for free.

Benjamin Franklin

A leading figure of early American history, noted for his contributions as a statesman, author, printer, political theorist, and scientist, as well as one of the Founding Fathers of the United States.