One of Porter's Generic Business Strategies That Require a Product

question 141

Multiple Choice

One of Porter's generic business strategies that require a product to have significant points of difference to charge a higher price while targeting a broad array of market segments is referred to as a __________.

• A)differentiation focus strategy
• B)cost focus strategy
• C)cost leadership strategy
• D)differentiation strategy
• E)supply focus strategy

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Definitions:

After-Tax Discount Rate

The interest rate used in discounted cash flow analysis that accounts for the impact of taxes on the rate of return.

Income Tax Rate

The share of an individual's earnings that is paid to the government as a tax.

Straight-Line Depreciation

Straight-line depreciation is a method of calculating the depreciation expense of an asset evenly over its useful life.

Straight-Line Depreciation

A technique for determining an asset's depreciation, presuming that the asset will depreciate by a consistent value annually throughout its projected useful life.