_____ are classic strategies for businesses of all types and they include differentiation,cost,and focus.
A) Personalization strategies
B) Altruistic strategies
C) Retrenchment strategies
D) Generic strategies

Question

Quizplus · Accepted Answer

The classic strategies for businesses of all types are known as generic strategies, and they include differentiation (offering unique products or services), cost (offering products or services at a lower price than competitors), and focus (targeting a specific market segment). Personalization strategies may be a part of differentiation, but it is not a classic strategy. Altruistic strategies and retrenchment strategies are not typically considered as primary generic strategies for businesses.

_____ Are Classic Strategies for Businesses of All Types and They