Question: Question 3 ( 3 0 points ) What are Porter's three generic strategies? evaluate an organization's strengths, weaknesses, opportunities, and threats to identify significant influences

Question

3 (30

points

)

What are Porter's three generic strategies?

evaluate an organization's strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies. analyze the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.

view a firm as a series of business processes, each of which adds value to the product or service.

generic business strategies that are neither organization

-

nor industry

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specific and can be applied to any business, product, or service

Question 3(30 points) What are Porter's three generic strategies? evaluate an

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