Consider Porter's Competitive Strategies

question 83

Multiple Choice

Consider Porter's competitive strategies.Which strategy is most likely to be effective for a business that can avail itself of easy-to-use manufacturing technologies?

• A)Cost leadership
• B)Differentiation
• C)Focused differentiation
• D)Internal growth
• E)Focused cost leadership

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Definitions:

Impose Liability

To legally hold an individual or entity responsible for causing harm or damage, making them subject to penalties or compensation.

Pure Comparative Negligence

A defense accepted in some states whereby the defendant is not liable for the percentage of harm that he or she can prove can be attributed to the plaintiff’s own negligence.

25%

A quarter of something, often referred to in contexts of percentages, rates, or divisions.

Implied Assumption

An unstated understanding or expectation within an agreement or contract, often derived from the actions of the parties or the context of the agreement.