Michael Porter (1980) Suggested Three Basic Competitive Strategies That Firms

Multiple Choice

Michael Porter (1980) suggested three basic competitive strategies that firms can pursue. These are overall:

A) price leadership, product differentiation and market focus.
B) product leadership, product standardisation and market focus.
C) comparative advantage, product specialisation and market focus.
D) price leadership, product standardisation and market focus.
E) cost leadership, product differentiation and market focus.