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

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Definitions:

Joint Stepfamily

At least one child is the biological child of both parents, at least one child is the biological child of only one parent and the stepchild of the other parent, and no other type of child is present.

Mother-Stepfather

A family structure that includes a biological mother and her spouse, who is not the biological father of her children.

Father-Stepmother Family

A family structure where a child is raised by their biological father and a stepmother.

Previous Marriage

A marriage that one or both individuals were involved in before their current relationship.