Which is NOT one of Porter's Generic Strategies? Cost Leadership, Differentiation Advantage, Focus
Retail Management: Week 4
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Business
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University
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Hard
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1.
FLASHCARD QUESTION
Front
Back
Market Penetration
2.
FLASHCARD QUESTION
Front
How would we define Cost Leadership?
Back
Minimising the cost to the organisation of delivering products and services
3.
FLASHCARD QUESTION
Front
Which is NOT needed to make a successful differentiation strategy? Good research, development and innovation; The ability to deliver high-quality products or services; Effective sales and marketing, so that the market understands the benefits.
Back
A product that the customer have never seen before
4.
FLASHCARD QUESTION
Front
Generic Strategies offer a great starting point for strategic decision-making.
Back
True
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