Question

_____ strategy was identified by michael porter, a professor at harvard business school, for successfully competing in the marketplace.

Answer 1

Answer: Competitive strategy

Explanation:

Note: Michael Porter is the Bishop William Lawrence University Professor at Harvard Business School.

He is a leading authority on competitive strategy and the competitiveness of nations and regions, his work is recognized in governments, corporations, non-profits, and academic circles across the globe.

Professor Porters core field is competition and strategy, and this remains the focus of his research. His ideas have also re-defined thinking about competitiveness, economic development, economically distressed areas, and the role of corporations in society.

Answer 2

A professor at harvard business school who is michael porter identified overall cost leadership as one of the three approaches for effectively opposing in the marketplace. In addition, michael porters three strategies for successfully competing in the marketplace are overall cost leadership, differentiation and focus