The Generic Types of Competitive Strategies Include

question 33

Multiple Choice

The generic types of competitive strategies include

• A) build market share,maintain market share,and slowly surrender market share.
• B) offensive strategies and defensive strategies.
• C) low-cost provider,broad differentiation,focused low-cost,focused differentiation,and best-cost provider strategies.
• D) low-cost/low-price strategies,high-quality/high-price strategies,medium-quality/medium-price strategies,low-cost/high-price strategies.
• E) price leader strategies,price follower strategies,technology leader strategies,first-mover strategies,offensive strategies,and defensive strategies.

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Definitions:

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, spanning from birth to about 2 years of age, where infants learn through interacting with the environment using their senses and motor actions.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept crucial in the development of infants.

Fixation Time

The duration for which one's gaze remains on a single location or object.

Object Reference

In computing, it's a reference that points to a location in memory where the data for an object is stored.