Question: 1 0 ) Michael Porter argues that A ) those firms that create superior value will achieve superior profitability. B ) standardization of product is
Michael Porter argues that
A those firms that create superior value will achieve superior profitability.
B standardization of product is a basic strategy for attaining a competitive advantage in an industry.
C it is necessary for a firm to have the lowest cost structure or create the most valuable product.
D it is important that the gap between value and the cost of production be smaller than that of competitors
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