Michael E Porter's five generic strategies are
A. Differentiation (Best Value), Differentiation (Low Cost), Cost Leadership (Large), Cost Leadership (Small), Focus
B. Focus (Large), Focus (Small), Cost Leadership (Small), Cost Leadership (Large), Differentiation
C. Cost Leadership (Low Cost), Cost Leadership (Best Value), Differentiation, Focus (Low Cost), Focus (Best Value)
D. Cost Leadership (large), Cost Leadership (Small), Differentiation (Large), Differentiation (Small), Focus
Answer: Option C
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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