Michael Porter Has Argued That _____ and _____ Are Two

question 36

Multiple Choice

Michael Porter has argued that _____ and _____ are two basic strategies for creating value and attaining a competitive advantage in an industry.

• A)differentiation; price competition
• B)economies of scale; diversification.
• C)low cost; differentiation
• D)efficiency; promotion

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Definitions:

Tertiary Bronchus

The tertiary bronchus, also known as the segmental bronchus, branches off the secondary bronchus in the lung and serves specific lung segments.

Bronchiole

One of the finer subdivisions of the bronchial tubes, less than 1 mm in diameter; has no cartilage in its wall but does have relatively more smooth muscle and elastic fibers.

Segmental Bronchus

Branches of the bronchial tree that supply air to specific segments of the lung, ensuring efficient gas exchange.

Respiratory Zone

The region of the lungs where gas exchange between air and blood takes place, mainly comprising the alveoli and alveolar ducts.