Multiple Choice
According to Michael Porter,a business that avoids direct confrontation with its major competitors by concentrating on narrowly defined market niches is using the ______ strategy to gain and maintain competitive advantage.
A) overall cost leadership
B) differentiation
C) focus
D) segmenting
Correct Answer:
Verified
Correct Answer:
Verified
Q21: A business pursuing a prospector strategy:<br>A)concentrates on
Q22: Emerson Electric formed an operating group of
Q23: Which environmental factor is conducive to the
Q24: Which business strategy is followed by a
Q25: A policy of high service quality is
Q27: Business strategies are primarily concerned with allocating
Q28: The defender strategy is most useful:<br>A)for business
Q29: Emirates Airline has been classified as a
Q30: Businesses following a reactor strategy:<br>A)attempt to maintain
Q31: The Miles and Snow combined typology of