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Growthexpansion strategy - Study guides, Class notes & Summaries

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BPL 5100 QUIZ 2 Questions & Answers

  • BPL 5100 QUIZ 2 Questions & Answers

  • Exam (elaborations) • 7 pages • 2024
  • BPL 5100 QUIZ 2 To create a competitive edge companies need to focus on ________________ - Answer- customers' evolving wants and needs Porter's three generic strategies: - Answer- 1. Overall Cost Leadership 2. Differentiation 3. Focus Differentiation is perceived from the____________ - Answer- client/customer Differentiated goods are the opposite of__________ - Answer- luxury goods Luxury goods are only for__________. Differentiated goods are marketed to ____________ - Answer-...
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