In 1985 Michael Porter Suggested Three Generic Strategies

question 34

Multiple Choice

In 1985 Michael Porter suggested three generic strategies:

• A)low delivered cost,differentiation and focus
• B)low price,differentiation and focus
• C)low production cost,high quality and focus
• D)low cost,differentiation and targeting

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Definitions:

Independent Variable

Factor that is manipulated by an experimenter or used to predict the dependent variable.

Religious Environments

Settings or communities wherein activities, practices, and beliefs focused on a shared faith or religious devotion predominate.

Consumption of Alcohol

The drinking or intake of alcoholic beverages, which can range from moderate to heavy use, potentially leading to addiction or health issues.

Psychological Disorders

Mental disorders characterized by patterns of behavior or thought that are significantly disruptive to an individual's functioning and well-being.