Q81
Porter's generic strategies are
A.
Low price, differentiation, focus
B.
Cost leadership, differentiation, cost focus, focus differentiation
AnswerC.
Price leadership, differentiation, focus
D.
Low cost, differentiation, focus differentiation
Answer: Option B
Solution
Answer: Option B
Solution:
Porter's generic strategies are cost leadership, differentiation, cost focus, focus differentiation. Porter's generic strategies describe how a company pursues competitive advantage across its chosen market scope. There are three/four generic strategies, either lower cost, differentiated, or focus.