Which of the following generic business strategies did Porter identify?
A) Innovation
B) Quality enhancement
C) Cost reduction
D) All of the options given here are correct

Question

Quizplus · Accepted Answer

Porter identified three generic business strategies: cost leadership, differentiation, and focus. The options given in the question (innovation, quality enhancement, and cost reduction) are commonly used tactics to achieve one or more of these strategies. Therefore, all of the options given here are correct.

Which of the Following Generic Business Strategies Did Porter Identify