Describe the way companies tend to focus their efforts

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Questions: Marketers use the term 'Value Proposition' when discussing the various approaches a company might take when seeking to attract customers. Strategists typically talk about Porter's 5 Generic Strategies to describe the way companies tend to focus their efforts as they seek ways to achieve their long-term goals and objectives. How are these two (value proposition and generic strategy) similar? How are they different?

Reference no: EM133378499

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