According to Porter,firms That Do Not Follow a Distinctive Strategy

question 41

Multiple Choice

According to Porter,firms that do not follow a distinctive strategy:

• A)will perform poorly in the competitive market.
• B)will build customer perceptions of superior product quality.
• C)will avoid direct confrontation with their major competitors.
• D)will operate within a broad product-market domain.

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Definitions:

Equivalent Ratio

A way to express the same relationship between two quantities as a ratio, even if the numbers in the ratio are different.

Ratio

A numerical correlation that displays how frequently the first number encompasses the second, indicating the magnitude of one number in relation to another.

Ratio

A connection between two figures that shows how often the first figure includes the second one.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or is contained by it.