According to Porter,the Three Competitive Positions That Businesses Pursue to Gain

question 81

Multiple Choice

According to Porter,the three competitive positions that businesses pursue to gain and maintain competitive advantage in product-markets are:

• A)maintaining a secure position in a relatively stable product,offering a limited range of products,and protecting its domain by offering lower prices.
• B)prospector strategy,analyzer strategy,and defender strategy.
• C)low investment on advertising,price competitiveness,and high investment on product quality.
• D)overall cost leadership,differentiation,and focus.

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Definitions:

Voting Shares

Shares that give the holder the right to vote on matters of corporate policy and the composition of the board of directors.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses, which can include mergers, acquisitions, consolidations, and more.

Transaction Costs

Expenses incurred when buying or selling goods, services, or financial assets, including fees, commissions, and other charges.

Issuing Shares

The process by which a company distributes new shares of stock to investors, thereby raising capital.