According to Porter,the Generic Competitive Strategy That Reflects the Ability

question 17

Multiple Choice

According to Porter,the generic competitive strategy that reflects the ability to provide unique and superior value to the buyer in terms of product quality,special features,or after-sale service is called

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

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Definitions:

Investing Activities

Transactions and events that involve the purchase and sale of long-term assets and other investments, not directly related to the entity's normal line of business.

Long-Term Note

A debt security that matures in more than one year, requiring the borrower to repay the principal and interest over an extended period.

Financing Activities

Transactions and events that affect the long-term liabilities and equity of an organization, such as issuing stocks or bonds, and repaying bank loans.

Decrease

The act of becoming smaller or fewer in size, amount, intensity, or degree; a reduction in value or quantity.