Michael Porter's Generic Strategies Model Identifies Four Fundamental Strategies

question 125

Multiple Choice

Michael Porter's generic strategies model identifies four fundamental strategies.Which of the following correctly describes these strategies?

• A)Introduction,growth,maturity,and decline.
• B)Stars,cash cows,dogs,and question marks.
• C)Growth,differentiation,incremental,and emergent.
• D)Differentiation,cost leadership,focused differentiation,and focused cost leadership.
• E)Growth,retrenchment,vertical integration,and stability.

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Definitions:

Romantic Relationships

Interpersonal affiliations driven by love and sexual attraction, encompassing emotional connections and commitments between individuals.

Criterion

A standard or principle by which something is judged or decided, used as a basis for comparison.

Cultures

The sum total of ways of living built up by a group of human beings, transmitted from one generation to another.

Financially Independent

Being in a condition where one possesses enough personal wealth to sustain oneself without the need to engage in active labor for essential needs.