Porter Identified Three Generic Strategies That a Business Could Follow

question 64

Multiple Choice

Porter identified three generic strategies that a business could follow after identifying a market it wanted to enter. Which of the following is not included as one of Porter's three generic strategies?

• A) Broad differentiation
• B) Supplier cost differentiation
• C) Focused strategy
• D) Broad cost leadership

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Definitions:

Chemical Digested

The process of breaking down substances into simpler components through chemical reactions, usually referring to the digestion of food.

Brush Border Cells

Epithelial cells found in the intestinal lining and kidney, characterized by a densely packed layer of microvilli on their apical surface to enhance absorption.

Absorbed

The process by which substances are taken into a more condensed form or into a different medium, such as liquids being taken up by solids.

Small Molecules

Chemical substances that are not very large, typically having a low molecular weight, and often used in pharmacology and biochemistry.