CFA Practice Question

There are 191 practice questions for this study session.

CFA Practice Question

According to Porter, the chief competitive strategies a firm can pursue are ______

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
You need to log in first to add your comment.