According to Michael Porter, Which of the Following Is True

question 46

Multiple Choice

According to Michael Porter, which of the following is true of differentiation as a generic strategy?

• A) It is an effective strategy for obtaining above-average financial returns because unique products often command premium price.
• B) It offers an opportunity for small, specialized companies to grow while retaining their narrow focus on highly differentiated products.
• C) It requires companies to construct the most efficient facilities in terms of scale or technology and obtain the largest share of market.
• D) It has become increasingly popular in recent years as a result of the popularization of the experience curve concept.

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Definitions:

Uninvolved

A style of parenting or interpersonal relationship characterized by minimal emotional involvement and interaction.

Respecting Rules

The act of acknowledging and adhering to established guidelines or standards governing behavior within a specific context.

Hispanic Parents

Refers to mothers and fathers from Hispanic or Latino backgrounds, highlighting the cultural, social, and linguistic influences on parenting styles and practices.

Inconsistent Feedback

Responses or critiques that vary widely and unpredictably, often causing confusion or a lack of clear direction.