Porter's Original Three Generic Strategies Were

question 19

Multiple Choice

Porter's original three generic strategies were:

• A)desegregation,focus,high quality
• B)disaggregation,forecast,low quality
• C)differentiation,focus,low cost
• D)disaffection,focus,high cost

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Definitions:

Greenfield Operation

The process of building a new business or facility from scratch in an area where no previous facilities exist, often in a foreign market.

Subsidiary Company

A company that is controlled by another company, known as the parent company or holding company.

Turnkey Operation

A business arrangement where a project or business is delivered in a complete and operational state.

Oil Refinery

An industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oils.