What are the three main competitive strategies by Michael Porter 🤔



Hello! Welcome to the upcoming episode of studying with questus! Nowadays we will be able to focal point at the aggressive methods prominent via Michael Porter. On this video you are going to be informed:
– What are the 3 major aggressive methods prominent via Michael Porter?
– How can an organisation reach above-average effects with price management, differentiation or the point of interest technique?
– What are the constraints and statuses for implementation of every of the aggressive methods?

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10 thoughts on “What are the three main competitive strategies by Michael Porter 🤔”

  1. Cost leadership is like selling and buying of few daily used products in cheaper but may be marginally lower price but in better quantity as the whole of the market is concerned thus the competitive advantage may be distributed and perfect market will be risen.

  2. 3 primary form of competitive market
    cost advantage – reducing cost
    offer advantage – differenting a product by adding a new feature
    niche advantage – giving a special segment of market

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