of Porter's generic business strategies requires products to have significant points of difference to charge a higher price while targeting a broad array of market segments.This is referred to as a __________.

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Porter's differentiation strategy requires products to have significant points of difference to charge a higher price while targeting a broad array of market segments. This strategy aims to create a unique and premium offering compared to competitors, which can justify the higher price point.

Of Porter's Generic Business Strategies Requires Products to Have Significant