Porter's competitive strategies framework describes a ________ strategy whereby an organisation wants to be unique in its industry along dimensions widely valued by buyers.

Question

Quizplus · Accepted Answer

Porter's competitive strategies framework includes three strategies: cost leadership, differentiation, and focus. The differentiation strategy focuses on being unique in the industry through dimensions that are widely valued by buyers, such as product quality, design, and features, among others. Therefore, the best choice is A, differentiation.

Porter's Competitive Strategies Framework Describes a ________ Strategy Whereby an Organisation