According to Michael Porter, what are the two basic strategies for creating value and attaining a competitive advantage in an industry?
A) Differentiation and low-cost
B) Value creation and generalization
C) One-size-fits-all and zero-sum
D) Comparison and standardization
E) Profitability and strategic fit
Correct Answer:
Verified
Q8: Firms that pursue an international strategy focus
Q21: Focusing primarily on increasing the attractiveness of
Q23: Profit growth is measured by
A)dividing the net
Q24: Which of the following of a firm
Q29: According to researchers,firms facing strong pressures for
Q30: The price that reflects an individual's assessment
Q32: An international strategy involves taking products first
Q33: A global standardization strategy makes most sense
Q35: A localization strategy involves some duplication of
Q39: According to Michael Porter,superior profitability goes to
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