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Paper 3 Bus Hot Topics
Porter Generic Strats
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Leaderboard
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Hammaad
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Cards (3)
Low
Cost- Cost
leadership
low cost producer
get this from
EOS
patent tech - efficiency rise
controls over suppliers increase
comp Prices - margins increase
leads to above average profitability
Differentiation
unique
product in industry
meets customer needs specifically
PED-
inelastic
?
prices high-
premium
price
Cost and differentiation focus
focus on one specific segment-
narrow