Michael Porter Suggests Four Basic Competitive Positioning Strategies That Companies

question 119

Multiple Choice

Michael Porter suggests four basic competitive positioning strategies that companies can follow-three winning strategies and one losing one.Which of the following are considered winning strategies?

• A) Middle-of-the-roader, focus, and overall cost leadership
• B) Focus, differentiation, and middle-of-the-roader
• C) Overall cost leadership, differentiation, and middle-of-the-roader
• D) Overall cost leadership, differentiation, and focus
• E) Differentiation, operational excellence, and focus

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Definitions:

Multirange Voltmeter

An instrument designed to measure voltage levels in multiple ranges, allowing for flexibility and accuracy across different electrical applications.

Wire-Wound

Describes a type of resistor or inductor made by winding a wire, usually made of a resistive material, around a core.

Ceramic Core

A core material made from ceramics, typically used in casting processes to create intricate metal parts with high precision.

Resistive Wire

A type of wire that has significant resistance to electric current, often used in heating elements or resistors.