Porsche is an example of a company with a _____ strategy for gaining competitive advantage, producing only high-performance sports cars and SUVs.
A) differentiation
B) niche
C) cost leadership
D) altering the industry

Question

Quizplus · Accepted Answer

Porsche's strategy is a niche strategy, as it focuses on producing luxury sports cars and SUVs that cater to a specific market segment of high-performance vehicle enthusiasts. This allows Porsche to differentiate itself from other car manufacturers and gain a competitive advantage through its unique product offerings.

Porsche Is an Example of a Company with a _____