1) broad cost-leadership
2) focused cost-leadership
3) broad differentiation
4) focused differentiation
explain your choices.
what are some common features for firms you have placed within each category?
Answer:
Saturday, December 7, 2013
GENERIC STRATEGIES
Place each firm you know in one of the four categories of generic business strategies
The Five Generic Strategies
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| The Five Generic Strategies |
provided lower cost than the others competitors
other rival hard to get the same raw materials used
competitive advantages
A broad differentiation strategy
there is a unit factor that differentiate their product with the rivals
A focused low-cost strategy
provided lower cost than the others competitors but narrow
A focused differentiation strategy
narrow, focused differentiation
A best-cost provider strategy
the combination between all of four above.
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