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Topic: Business
Number of pages / Number of words: 4 / 974
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Niche market

(Hunger, J.D. & Wheelen, T.L., 2008). Once this has been answered Michael Porter suggests that there are two competitive strategies for outperforming the competitor. These are: low cost and differentiation. (Hunger, J.D., & Wheelen, T.L., 2008).

There are risks involved with using a competitive strategy...


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Some organizations find that they are unable to sustain the strategy; cost leadership can be imitated by other

competitors, differentiation can be imitated also. When differentiation becomes unimportant to the consumer this is when imitation comes into play. (Hunger, J.D., &

Wheelen, T.L., 2008).

The next is determining a functional strategy...


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General points of the essay

Michael Porter's Generic Strategies Generic Strategies - Michael Porter (1980) Corporate Governace What Is Corporate Governace porter competitor analysis In certain cases Porter's Diamond of Competitive Advantage may not be an appropriate framework for the analysis of a nation's sources of competitive advantage. michael porter Michael Porter’s Five Forces for Target Michael Porter's Analysis Of Starbucks Michael Porter'S Analysis On Starbucks porter's diamond Competitive Advantage of Nations market audit and competitive market analysis Porter Generic Strategies Porter's Generic Strategies Explained Industry Analysis and Generic Competitive Strategies

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