Management Short Question | Gkseries

Question

Porter’s Generic Strategies identified three basic catagories of strategies to include which one of the following combinations ?

A High Cost Producer, differentiation and cost control
B Low Cost Producer, differentiation and focused Niche
C Specific strategic issues, vertical integration strategies and supply strategy
D Managerial resources, profitability and focused Niche

Answer & Explanation

Answer: Low Cost Producer, differentiation and focused Niche