Which of the Following Is Not One of the Five

question 54

Multiple Choice

Which of the following is not one of the five generic types of competitive strategy?

• A) Focused low-cost provider strategy

• B) Broad differentiation strategy

• C) Overall low-cost provider strategy
• D) Focused differentiation strategy
• E) Market share dominator strategy

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Definitions:

Increased Efforts

The act of putting in more energy or work towards achieving a goal.

Inadequate Background

A situation or condition in which an individual lacks the necessary education, experience, or qualifications to perform or understand certain tasks or roles.

Depression

A psychiatric condition featuring persistent sadness or a reduced interest in usual pursuits, notably affecting an individual’s daily life.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, often resulting in physical and psychological dependence and various health issues.