Michael Porter Has Argued That Low Cost and Differentiation Are

question 1

True/False

Michael Porter has argued that low cost and differentiation are the two basic strategies for creating value and attaining a competitive advantage in an industry.

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Definitions:

Electronics Assembly

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Internet Switching Units

Devices used in networking to connect and route data packets between different segments of the internet or other network environments.

Pacific Ring of Fire

An area in the basin of the Pacific Ocean where a large number of earthquakes and volcanic eruptions occur in a horseshoe shape.

Composite Volcanoes

Volcanoes characterized by explosive eruptions, steep slopes, and composition of alternating layers of lava and ash.