According to Michael Porter, what are the two basic strategies for creating value and attaining a competitive advantage in an industry?

According to Michael Porter, what are the two basic strategies for creating value and attaining a competitive advantage in an industry?



A. differentiation and low-cost


B. value creation and generalization


C. one-size-fits-all and zero-sum


D. comparison and standardization


E. profitability and strategic fit



Answer: A. differentiation and low-cost


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