Differentiation Focus Strategy Refers to One of Porter's Generic Business

question 16

Multiple Choice

differentiation focus strategy refers to one of Porter's generic business strategies that

• A) involves controlling expenses and, in turn, lowering product prices targeted at a narrow range of markets segments.
• B) focuses on reducing expenses and, in turn, lowers product prices, while targeting a broad array of market segments.
• C) requires products to have significant points of difference to target one or only a few market segments.
• D) requires products to have significant points of difference to charge a higher price while targeting a broad array of market segments.
• E) seeks opportunities by finding the optimum balance between marketing efficiencies versus R&D-manufacturing efficiencies.

---

Definitions:

Neurologist

A medical doctor who specializes in diagnosing and treating disorders of the nervous system, including the brain and spinal cord.

Ophthalmologist

A medical doctor specializing in the diagnosis and treatment of eye diseases and conditions.

Pathologist

A medical doctor specialized in diagnosing diseases by examining tissues, organs, bodily fluids, and autopsies.

Endocrinologist

A medical specialist focused on diagnosing and treating conditions related to hormones and the endocrine system.