In the Context of Porter's Strategy Model,a(n)____ Can Reduce Rivalry

question 21

Multiple Choice

In the context of Porter's strategy model,a(n) ____ can reduce rivalry with competitors and fight off the threat of substitute products because customers are loyal to a company's brand.

• A)low-cost leadership strategy
• B)consolidative strategy
• C)integration strategy
• D)differentiation strategy

---

Definitions:

Closed-Loop MRP

A Materials Requirement Planning system that provides feedback on inventory levels, production, and purchase orders, enabling continuous updates and adjustments.

Dependent Demand

The need for materials or components directly tied to the demand for final products, where changes in the product demand impact the demand for materials.

Independent Demand

Independent demand is the need for a finished product or service that is not directly influenced by the demand for other products or services.