According to Michael Porter, which of the following strategies can be followed by an organization to successfully compete in the marketplace?
A) Groupthink
B) Brainstorming
C) Simulation
D) Focus

Question

Quizplus · Accepted Answer

Michael Porter's generic strategies include cost leadership, differentiation, and focus. The focus strategy involves focusing on a specific niche market to achieve a competitive advantage. Therefore, choice D (Focus) is the correct answer. Choices A (Groupthink), B (Brainstorming), and C (Simulation) are not among Porter's generic strategies.

According to Michael Porter, Which of the Following Strategies Can