Michael Porter proposed that management must select a(n)___________ , which will give its unit a distinct advantage by capitalizing on the strengths of the organization and the industry it is in.
A)growth opportunity
B)vision
C)organizational chart
D)competitive strategy

Question

Quizplus · Accepted Answer

Michael Porter is renowned for his theories on economics, business strategy, and competitive advantage. He proposed that management must select a competitive strategy to give its unit a distinct advantage by leveraging the strengths of the organization and the industry it operates in. This involves choosing how the organization will compete in its industry, such as through cost leadership, differentiation, or focus strategies.

Michael Porter Proposed That Management Must Select A(n)___________ , Which