The three basic forms of business strategy are differentiation, overall cost leadership, and focus.

Name: The three basic forms of business strategy are differentiation, overall cost leadership, and focus.
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Question

Quizplus · Accepted Answer

These three strategies, identified by Michael Porter, outline how a company can gain competitive advantage by either differentiating their product or service, being the low-cost producer, or focusing on a specific market segment.

The Three Basic Forms of Business Strategy Are Differentiation, Overall