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Generic strategies

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Generic strategies

  • This topic has 5 replies, 2 voices, and was last updated 12 years ago by Ken Garrett.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • November 26, 2012 at 9:07 pm #55783
    ali anwar
    Member
    • Topics: 4
    • Replies: 4
    • ☆

    Difference between best value and focused differentiation?

    November 27, 2012 at 7:56 am #108805
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    Best value is not a generic strategy. If you mean low cost/low price/no frills then that’s what it says. Focused differentiation is likely to be high cost/high price/high quality.

    November 27, 2012 at 11:28 am #108806
    ali anwar
    Member
    • Topics: 4
    • Replies: 4
    • ☆

    Where best value is accommodated in P3?

    November 27, 2012 at 2:35 pm #108807
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    I hadn’t heard the term before, so I wouldn’t worry about it for P3 if I were you. I suppose it might be on the strategic clock.

    December 6, 2012 at 2:49 pm #108808
    ali anwar
    Member
    • Topics: 4
    • Replies: 4
    • ☆

    Can you please list the type of generic strategies? Thanks a lot for your cooperation. May you and all the other teachers live happily!

    December 6, 2012 at 3:24 pm #108809
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    Porter’s Generic strategies are:

    1 Cost leadership
    2 Differentiation

    Each with or without

    3 Focus

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