Jennifer Bloom Is Writing a Paper and She Must Determine

question 174

Multiple Choice

Jennifer Bloom is writing a paper and she must determine which of Porter's Three Generic Strategies The Museum Company has implemented.Jennifer finds out that The Museum Company offers specialty products found only in museums around the world to affluent customers.What would Jennifer determine The Museum Company is using as its generic strategy?

• A) Broad market,low cost
• B) Narrow market,high cost
• C) Broad market,high cost
• D) Narrow market,low cost

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Definitions:

Symmetrical

Having parts that match in size, shape, and position on both sides of a dividing line.

Ordinary Mole

A common type of benign skin growth that appears as a small, dark brown spot, caused by clusters of pigmented cells.

Melanoma

A type of skin cancer that develops from the pigment-producing cells known as melanocytes.

Solid Mass

A physical form of matter that has a defined shape and volume without fluid properties.