Which of the Following Is a Concept Developed by Michael

question 22

Multiple Choice

Which of the following is a concept developed by Michael Porter that describes,in broad terms,how it positions itself to compete in the market it serves?

• A)Value chain
• B)Generic strategy
• C)Benefit leadership
• D)Cost Leadership
• E)Focus

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Definitions:

Reinforced Behavior

Actions that are more likely to occur in the future due to the consequences they have received in the past, often associated with rewards.

Negative Reinforcement

A type of learning where a response is strengthened by the removal or avoidance of an unpleasant stimulus.

Alarm Sound

A sound or signal that is intended to alert or warn individuals of a potential threat or danger.

Grades

Evaluative scores or letters assigned to students' work to signify academic performance.