Asked by Bruno Vieira on Jul 17, 2024
Verified
All of the following are included in Porter's generic competitive strategies except
A) cost leadership.
B) market domination.
C) differentiation.
D) cost focus.
E) focused differentiation.
Market Domination
A situation in which a company or product holds a significant share of the market, surpassing competitors in sales, influence, or visibility.
- Comprehend the influence and approaches of Porter’s generic competitive strategies framework.
Verified Answer
JN
Jimmy NguyenJul 22, 2024
Final Answer :
B
Explanation :
Market domination is not one of Porter's generic competitive strategies. The other four options - cost leadership, differentiation, cost focus, and focused differentiation - are all part of his framework.
Learning Objectives
- Comprehend the influence and approaches of Porter’s generic competitive strategies framework.
Related questions
____ Are the Two Key Variables in Porter's Generic Competitive ...
When Walmart Competes Globally on the Basis of Everyday Low ...
Managers Pursuing the ____ Strategy Have an Overriding Concern for ...
Porter Suggests That Generic Competitive Strategies Are Based on What ...
Competitive Advantage and Competitive Scope Are the Two Major Variables ...