Porter's generic strategies identified three basic categories of strategies to include which one of the following combinations?
A. High cost producer, differentiation and cost control
B. Low cost producer, differentiation and focused niche
C. Specific strategic issues, vertical integration strategies and supply strategy
D. Managerial resources, profitability and focused niche
Answer: Option B
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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