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

question 70

Multiple Choice

According to Porter,the generic competitive strategy that reflects the ability of the corporation or its business unit to design,produce,and market a comparable product more efficiently than its competitors is called

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

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Definitions:

Goal Set

The process or result of establishing objectives to be achieved within a certain timeframe, often involving specific, measurable actions.

Sensory Appeal

The attractiveness of something that affects one or more of the five senses, making it appealing or desirable.

Food Behavior

The habits and practices associated with food consumption.

Taste Preferences

Individual differences in the liking or disliking of specific flavors and foods, often influenced by genetic, cultural, and environmental factors.