Which of the Following Is a Concept Developed by Michael

question 22

Multiple Choice

Which of the following is a concept developed by Michael Porter that describes,in broad terms,how it positions itself to compete in the market it serves?

• A)Value chain
• B)Generic strategy
• C)Benefit leadership
• D)Cost Leadership
• E)Focus

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Definitions:

Vectors

Quantities that have both magnitude and direction, used to represent physical properties such as force or velocity.

Magnitude

A measure of the size or extent of something, often used in reference to earthquakes or the brightness of stars.

°

A symbol denoting degrees, used to measure angles, temperature, or denote the order of a polynomial or differential equation but is not a key term by itself. NO.

Parallelogram Method

A method of determining vector angles.