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In Addition to Porter's Five Forces and Related Strategy Spectrum

Question 36

Multiple Choice

In addition to Porter's Five Forces and related strategy spectrum, a company could choose to use the complementary framework of customer value proposition. This method requires that each company detail their mix of products, prices, services, relationships, and image. In what way is this strategy like Porter's strategic choices?


A) Both strategic plans contain a subset of additional identification.
B) Both strategies strictly focus on maintaining the best pricing in the market.
C) Both strategies strictly focus on providing the most unique products to their customers.
D) The company must define a mix of what makes up their business.

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