In 1985 Michael Porter suggested three generic strategies:
A)low delivered cost,differentiation and focus
B)low price,differentiation and focus
C)low production cost,high quality and focus
D)low cost,differentiation and targeting

Question

Quizplus · Accepted Answer

Michael Porter's three generic strategies are low cost, differentiation, and focus. Option A accurately represents these three strategies, with "low delivered cost" representing low cost, "differentiation" representing differentiation, and "focus" representing the focus strategy. Option B is incorrect because "low price" is not the same as "low cost," and the term "targeting" is vague and does not accurately represent the focus strategy. Option C is incorrect because "low production cost" is only one aspect of the low cost strategy, and "high quality" is not the same as differentiation.

In 1985 Michael Porter Suggested Three Generic Strategies