Find great ways to use root vegetables of all sorts - potatoes, beets, carrots, turnips, rutabagas, and celery root. Find great ways to use root vegetables of all sorts - potatoes, beets, carrots, turnips, rutabagas, and celery root.
Tweet. Michael Porter developed three generic strategies, that a company could use to gain competitive advantage, back in 1980. These three are: cost leadership, differentiation and focus. Definition: Michael Porter developed three generic strategies, that a company could use to gain competitive advantage, back in 1980. These three are: cost leadership, differentiation and focus.
Michael Porter has argued that a firm's strengths ultimately fall into one of two headings: cost advantage and differentiation. By applying these strengths in either a broad or narrow scope, three generic strategies result: cost leadership, differentiation, and focus. These strategies are applied at the business unit level.