Question

Taco Rocket (Scenario)

Imagine that you are the president of Taco Rocket, a new and successful chain of 8 Mexican fast-food restaurants. The success you have experienced in the last 5 years has you thinking of what to do with the business next. Should you expand the business at the current rate? Open new and different restaurants? What?

Up to now your success has been based on selling high-quality tacos and burritos at a price that others can't match. Your business is pursuing which of Porter's strategies?

A) differentiation strategy

B) cost leadership strategy

C) competitive advantage strategy

D) focus strategy

Answer

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