If It Is to Be Successful,Porter Advises That a Division

question 40

Multiple Choice

If it is to be successful,Porter advises that a division possess strong marketing abilities,product engineering,a creative flair,strong capability in basic research and a corporate reputation for quality or technological leadership,for which one of the following generic competitive strategies?

• A) focus
• B) differentiation
• C) overall cost leadership
• D) vertical growth
• E) concentration

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Definitions:

Economic Structures

Economic structures refer to the arrangement and organization of economic agents and institutions in a society, including how resources are distributed and managed.

Political Structures

Organized ways in which a society creates and maintains political authority, including governments, political parties, and legal systems.

Everyday Actor

Someone who approaches the world by using knowledge that is practical or taken for granted.

Everyday Life

The daily activities, routines, and experiences of individuals, emphasizing the mundane and ordinary aspects of living.