Harvard Business Professor Michael Porter Proposed That Companies Could Follow

question 17

Multiple Choice

Harvard Business professor Michael Porter proposed that companies could follow one of three different competitive strategies. Which of the following is not one of Porter's recommended strategies?

• A) Low price strategy
• B) Cost leadership strategy
• C) Differentiation strategy
• D) Niche strategies

---

Definitions:

Domestic Automobiles

Vehicles manufactured within a country's borders, typically referring to cars made by national companies.

Confidence Interval

A range of values derived from a dataset to estimate the unknown value of a parameter.

MBA Degree

A Master of Business Administration, a graduate-level degree focusing on business management and administrative skills.

Population Mean

The average value of all the members of a set or population.