According to Michael Porter,the generic types of business strategies include
A) differentiation, low cost, focus.
B) high price, high quality, fast delivery.
C) focus, quality, imitation.
D) all of the above.

Question

Quizplus · Accepted Answer

Michael Porter's generic types of business strategies are differentiation, low cost, and focus. Option A includes all three of these strategies, so it is the best choice. Options B and C do not encompass all three of Porter's strategies. Option D is also incorrect because it includes strategies that are not part of Porter's framework.

According to Michael Porter,the Generic Types of Business Strategies Include