Page 140 - F1 - AB Integrated Workbook STUDENT 2018-19
P. 140

Chapter 9





                           Generic strategies






               3.1 Introduction

               This model, developed by Porter, examines the different ways that an organisation
               can achieve a competitive advantage in its market.


               Porter argued that businesses could adopt one of three strategies to gain competitive
               advantage.  Each business can adopt the strategy that best fits their individual
               circumstances.


               3.2 Generic strategies





                                                       Cost
                                                    leadership







                                                     Generic
                                                    strategies



                               Differentiation                            Focus





















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