Porter recommends that a division with tight cost control, frequent detailed control reports, a well structured organization, and quantitatively based incentives is required for which of the following generic competitive strategies?
A) focus
B) differentiation
C) cost leadership
D) focus differentiation
E) concentration

Question

Quizplus · Accepted Answer

A division with tight cost control, frequent detailed control reports, a well-structured organization, and quantitatively based incentives is required for the cost leadership strategy, which involves achieving the lowest cost of production and distribution of a product or service within an industry.

Porter Recommends That a Division with Tight Cost Control, Frequent