Porter's Competitive Strategies Include

question 102

Multiple Choice

Porter's competitive strategies include

• A)prospector, defender, analyzer, and reactor.
• B)growth, stability, and retrenchment.
• C)cost leadership, differentiation, cost focus, and focused differentiation.
• D)strengths, weaknesses, opportunities, and threats.
• E)stars, questions marks, cash cows, and dogs.

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Definitions:

Wings

Appendages of an animal's body allowing it to fly, found in various forms in different groups such as birds, bats, insects, and some extinct species.

Optimal Function

The state or condition of operating in the most efficient and effective manner.

Processes Food

The physical and chemical breakdown of food into smaller components that can be absorbed and utilized by the body.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's hydrosphere and the fluids of most living organisms.