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Greeley [361]
2 years ago
15

\Select the three generic business strategies Porter identified for entering a new market. Multiple select question. Focused lea

dership Broad cost leadership Focused strategy Product differentiation Broad differentiation
Business
2 answers:
Dahasolnce [82]2 years ago
8 0

broad differentiation, focused strategy, and broad cost leadership are the three Generic business strategies Porter identified for entering a new market.

<h3>What are Generic business strategies?</h3>

A Generic business-level strategy is a broad approach to a company's positioning within a sector. Executives can concentrate on the essential components of business-level plans by focusing on generic strategies. The most widely used set of generic strategies is derived from the work of Harvard Business School Professor Michael Porter.

The foundation of any business-level strategy, in Porter's opinion, is two competitive dimensions. The first factor is the source of competitive advantage for a company. This factor examines whether a company seeks to outperform competitors by cutting costs or by providing a niche product.

The range of a company's operations is the second factor. This aspect pertains to whether a company tries to target clients generally or whether it only aims to draw in a certain customer demographic.

These choices lead to the following four general business-level strategies:

  • Broad cost leadership,
  • Broad differentiation,
  • Focused cost leadership,
  • Focused differentiation.

To know more about Generic business strategies refer to:  brainly.com/question/27403764

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antiseptic1488 [7]2 years ago
5 0

The three generic business strategies are as follows broad differentiation, focused strategy, broad cost leadership.

There are three fundamental strategy alternatives open to firms for attaining a competitive edge, according Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these. In 1980, Michael Porter created these, which a business may employ to acquire a competitive advantage.

The management, expansion, and profitability of your company will probably be aided by Porter's general competitive tactics, which will help you build a long-lasting competitive edge. Our business's purpose is defined and given a set of values by our strategy. It aids in our understanding of what success truly entails. It offers a route for our company, outlines our destination, and recommends helpful rest stops along the way.

Hence, the correct option is broad differentiation, focused strategy, broad cost leadership.

To know more about generic business strategy click here:

brainly.com/question/27876283

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How does Lincoln honor the battle of Gettysburg in his address? What did the soldiers fight for in his opinion?
Pani-rosa [81]

Answer:

a. He honors the battle in his address using the following words, ''Now we are engaged in a great civil war, testing whether that nation or any nation so conceived and so dedicated, can long endure. We are met on a great battle-field of that war.''

b. In his opinion the soldiers fought for freedom, equality and human rights.

Explanation:

The Gettysburg address was a short speech made by Abraham Lincoln on November 19, 1863 at the official dedication ceremony in Pennsylvania at the site of the battle field after the civil war. It was a declaration of freedom and independence and further cemented the soldiers sacrifice for equality and human rights.

He honored the battles by reiterating that the sacrifice made by the soldiers will not be in vain. This he does by saying that the soldiers themselves whether alive or dead have already consecrated the ground of battle and no further addition or detraction is needed. This meant that the battles itself was proof enough that the nation was ready for independence and justice.

Additionally, he also stated that the soldiers fought for freedom and the government for the people, by the people and of the people. This in other words means that the soldiers fought for democracy, where everyone is equal under the law. That equality and justice is the foundation upon which this newly independent nation has been built.

6 0
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Suppose that fertilizerfertilizer is necessary to produce wheatwheat. if the price of fertilizerfertilizer fallsfalls​, the supp
asambeis [7]

Answer: Shift to the right

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dexar [7]

The thing which was seen as a <em>sign </em>of the most power and influence among European nations was imperialism as this was seen as an important factor because the<em> European nations </em>wanted to extend their influence to other places.

As a result of this, we can see that imperialism as a term is the use of military force or other means to gain control over a group of people on their land and rule over them.

This was seen as a sign of great power among the European nations as this was a good advantage as they were able to exploit the resources of the lands which they had conquered.

Read more about imperialism here:

brainly.com/question/3999787

6 0
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