What generic strategies does Porter recommend? Discuss
What will be an ideal response?
Porter has recommended three generic strategies:
(a) Overall cost leadership, i.e., making units of a fairly standardized product and underpricing everybody else.
(b) Differentiation, i.e., turning out something unique, an item whose quality, design, brand name, or reputation for service will command higher-than-average prices.
(c) Focus, i.e., concentrating on a particular group of customers, geographic market, channel of distribution, or distinct segment of the product line.
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Fill in the blank(s) with the appropriate word(s).
When it is time for the church representative to sign the contract, Shane mentions that printing costs are not included in the price he quoted during the presentation
The church representative feels deliberately misled by Shane and finds that the printing costs put the ads over the church's budget. At what point should Shane have discussed the price breakdown? A) during the close B) during the pre-approach C) while building rapport D) during the presentation E) while servicing the sale
Functions that have not been declared in a package specification are considered public.
Answer the following statement true (T) or false (F)
A comparative analysis can compare two or more data sets to identify patterns and trends.
Answer the following statement true (T) or false (F)