A Differentiation Strategy Refers to One of Porter's Generic Business

question 111

Multiple Choice

A differentiation strategy refers to one of Porter's generic business strategies that

• A)involves controlling expenses and,in turn,lowering product prices targeted at a narrow range of markets segments.
• B)requires products to have significant points of difference to charge a higher price while targeting a broad array of market segments.
• C)focuses on reducing expenses and,in turn,lowers product prices,while targeting a broad array of market segments.
• D)requires products to have significant points of difference to target one or only a few market segments.
• E)seeks opportunities by finding the optimum balance between marketing efficiencies versus R&D-manufacturing efficiencies.

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Definitions:

Slender Physical Body

Description of a body type that is lean and thin, typically with minimal fat and muscle mass.

Topical

Pertaining to a medication or treatment applied directly to a part of the body or to the surface of a body area.

-Al

A suffix meaning related to or pertaining to, used in the formation of adjectives.

Somatotrophic

Pertaining to or promoting somatic growth, often referred to in context with growth hormone that stimulates growth, cell reproduction, and cell regeneration.