Broad differentiation, broad cost leadership, and ________ create the three generic strategies identified by Porter.
A) Narrow market leadership
B) High cost versus low cost
C) Focused strategy
D) None of these

Question

Quizplus · Accepted Answer

Focused strategy is the third generic strategy identified by Porter, alongside broad differentiation and broad cost leadership. This strategy targets a specific market niche.

Broad Differentiation, Broad Cost Leadership, and ________ Create the Three