Porter Identified Three Generic Strategies That a Business Could Follow

question 64

Multiple Choice

Porter identified three generic strategies that a business could follow after identifying a market it wanted to enter. Which of the following is not included as one of Porter's three generic strategies?

• A) Broad differentiation
• B) Supplier cost differentiation
• C) Focused strategy
• D) Broad cost leadership

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Definitions:

Vertical Reports

Vertical reports are documents or presentations that communicate information up or down an organization's hierarchical structure, from subordinates to managers or vice versa.

Organizational Level

Referring to the hierarchical ranking or structure within an organization, distinguishing roles, responsibilities, and authority across different tiers.

Longitudinal Study

Research that follows the same subjects over a period of time, often years, to observe changes or developments.

Sugar Consumption

The intake of sugar through foods and beverages, a factor often monitored for health and nutrition.