One of Porter's generic business strategies that involves controlling expenses and,in turn,lowering product prices targeted at a narrow range of markets segments is referred to as a ________ strategy.
A)cost focus
B)cost leadership focus
C)differentiation focus
D)differentiation
E)profit enhancement

Question

Quizplus · Accepted Answer

Key term definition-cost focus strategy.

One of Porter's Generic Business Strategies That Involves Controlling Expenses