107k views
4 votes
Porter’s competitive strategies of cost leadership and differentiation focus on ____ markets, while the cost-focus and focused-differentiation strategies focus on ____ markets. Multiple Choice narrow; wide diverse; narrow growth; specific wide; narrow specific; broad

User Suada
by
6.6k points

1 Answer

2 votes

Answer:

broad, narrow ; narrow growth, specific wide

Step-by-step explanation:

  • The porter's generic strategies define the company pursues competitive advantage across a chosen market, either by a lower cost or by differencing itself with a high cost.
  • The three generic leadership are the focus, cost leadership, and differentiation. The focus is for a specific segment only and the overall low-cost leadership is for a lower or narrow and differentiation has a wide.

User Beloitdavisja
by
6.6k points