Apple Is an Example of a Company Following Which of Porter's

question 26

Multiple Choice

Apple is an example of a company following which of Porter's generic competitive strategies?

• A) cost leadership
• B) differentiation
• C) cost focus
• D) competitive scope
• E) diversification

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Definitions:

Party Authority

The legal power or capacity of a party to enter into a binding contract or agreement.

Act On Behalf

The action of representing or making decisions for someone else or another entity.

Drawer

The person who writes or drafts a negotiable instrument, such as a check, directing the bank to pay the specified amount to the party named in the document.

Acceptor

A person (drawee) who accepts and signs a draft to agree to pay the draft when it is presented.