Orphagenix,a Small Biotech Firm,avoids Head-To-Head Competition with Large Pharmaceutical Companies
Multiple Choice
Orphagenix,a small biotech firm,avoids head-to-head competition with large pharmaceutical companies by developing orphan drugs to target diseases that affect fewer than 200,000 people.This is an example of which of Porter's generic strategies?
A) differentiation
B) cost leadership
C) differentiation focus
D) competitive advantage
E) cost focus
Correct Answer:

Verified
Correct Answer:
Verified
Q6: When a company is concerned that the
Q7: The matrix that summarizes an organization's strategic
Q8: Walt Disney Company competes successfully in the
Q9: What are the common elements of a
Q10: The two general types of cooperative strategies
Q12: An effective mission statement not only needs
Q13: Discuss competitive strategy differences between a fragmented
Q14: The SFAS Matrix summarizes an organization's strategic
Q15: Too much partnering experience with the same
Q16: Research suggests that a differentiation strategy is