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What is strategic focus and why is it important? What are Porter’s three generic strategies

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Question added by Sheikh Ahmed , CEO , Automotive Manufacturers Ltd.,
Date Posted: 2015/06/30
shumaila sana
by shumaila sana , Lecturer , Farabi degree college peshawar

For the success of a company it should follow some strategies.cost minimization strategies, product differentiation strategies, and market focus strategies these are Porter's generic strategies.cast minimization and product differentiation strategies are mostly for big companies and for small industries focus strategies is best option. FOCUS strategies means offering its products to selected segments of the market.

Riazz Shaikh
by Riazz Shaikh , Events Manager , M/s. Globuzz Events Marketing

Planning, organising & coordinating

Samir Ahmed
by Samir Ahmed , Director , Steel Quest Engg., Services Pvt., Ltd.,

Planning, Organising & coordination, i agree with Mr. Riazz comments..

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