Which of Porter's Competitive Strategies Recommends That a Company Emphasize

question 100

Multiple Choice

Which of Porter's competitive strategies recommends that a company emphasize a particular buyer group or geographic market and attempts to seek a cost advantage in its targeted segment?

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

---

Definitions:

Financial System

The complex of institutions, markets, and instruments involved in the exchange of money and credit within an economy.

Federal Funds

Reserve balances that commercial banks hold at the Federal Reserve, which can be lent to other banks overnight to meet reserve requirements, influencing the federal funds rate.

Short-Term Basis

A period or timeframe that typically covers the near future, often less than a year, used for planning and decision making.

Banks

Financial institutions that accept deposits from the public, create credit, and provide loans, among other financial services.