The Three Generic Strategies Presented by Michael Porter Can Be

question 64

True/False

The three generic strategies presented by Michael Porter can be shown on two dimensions: competitive advantage and product life cycle.

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Definitions:

General Adaptation Syndrome

is a three-phase model that describes the body's physiological responses to stress: alarm, resistance, and exhaustion.

Alarm Reaction

The initial phase in the body's response to stress, involving the immediate activation of the nervous system.

Resistance

In psychoanalysis, the blocking from consciousness of anxiety-laden material.

Exhaustion

is a state of extreme physical or mental fatigue, often resulting from sustained stress or activity without adequate rest.