According to Porter, to Achieve a Differentiation Competitive Strategy by Following

question 10

Multiple Choice

According to Porter, to achieve a differentiation competitive strategy by following the functional strategy of technological leadership, a business unit should

• A) pioneer the lowest-cost product design.
• B) innovate in other activities to increase buyer value.
• C) avoid R&D costs through imitation.
• D) create low-cost ways of performing value activities.
• E) be the first firm down the learning curve.

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Definitions:

Activities

Tasks or actions undertaken by individuals, often contributing to their physical, social, or mental well-being.

Appointment Book

A book or electronic system used to schedule, organize, and keep track of appointments.

Legal Record

Official documentation or evidence that is recognized and possibly kept in a court of law or relevant legal authority.

Diagnosis

Determining the type of a disease or issue through analyzing the symptoms.