Michael Porter proposed generic strategies that provide good starting points for strategic thinking. Identify them from the below mentioned strategies
(1) Overall cost leadership
(2) Innovation
(3) Focus
(4) Differentiation
Choose the correct answer from the options given below:
A. (1) and (2) only
B. (1), (3) and (4) only
C. (1), (2) and (4) only
D. All of these (1), (2), (3) and (4)
Answer: Option B
Related Questions on Miscellaneous in Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these
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