____ Are the Two Key Variables in Porter's Generic Competitive

question 83

Multiple Choice

____ are the two key variables in Porter's generic competitive strategies model.

• A) Resources and markets
• B) Primary markets and secondary markets
• C) Time and cost
• D) Cost and volume
• E) Competitive advantage and competitive scope

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Definitions:

Share Characteristic

A trait or feature that is common across different members or elements in a group or category.

Aggregate of Individuals

A collection or group of individuals considered as a whole for the purpose of analysis but without considering the intricate interactions or relationships among them.

Share Characteristic

Having a trait, quality, or attribute in common with others or between multiple entities.

Key Element

A fundamental component or aspect that is essential for the functioning or success of something.