What Are Porter's Three Generic Strategies

question 85

Multiple Choice

What are Porter's three generic strategies?

• A) Evaluation of an organization's strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies
• B) Analysis of the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry
• C) View of a firm as a series of business processes, each of which adds value to the product or service
• D) Generic business strategies that are neither organization nor industry specific and can be applied to any business, product, or service

Understand the impact of various forms of public assistance and non-cash benefits on poverty statistics.

Analyze the effects of demographic factors on poverty rates.

Understand how the government measures poverty and the implications of including non-cash benefits in poverty assessments.

Comprehend the implications of tax policies on income distribution and poverty rates.

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Definitions:

Myofibril

A basic rod-like unit of a muscle cell, consisting of filaments that slide to contract and produce movement.

Muscle Fiber

A single, elongated muscle cell that contracts to produce movement.

Myosin Filament

A protein filament that, along with actin, plays a role in muscle contraction and cell movement.

Actin Filament

A protein filament that, along with myosin, plays a key role in muscle contraction and is involved in various types of cell movement and structure.