CFA Practice Question
According to Porter, the chief competitive strategies a firm can pursue are ______
II. differentiation
III. focus
I. low cost
II. differentiation
III. focus
A. I and II
B. I and III
C. I, II and III
User Contributed Comments 4
| User | Comment |
|---|---|
| farhan92 | FOCUUSSSS!! |
| Lambo83 | Focus or more specifically the niche/specialist strategy is actually one of the recommended strategies according to Porter's framework |
| Dabuya | Porter has said lots of things but according to the reading, quote "Porter identifies two chief competitive strategies: a low-cost strategy (cost leadership) and a product/service differentiation strategy." |
| ascruggs92 | ^Yes, chief is the key word here |