MGT 401 Michael Porters Generic Competitive Strategies Discussion
Question Description
I’m working on a management discussion question and need a sample draft to help me learn.
1. Michael Porter proposes two “generic” competitive strategies for outperforming other corporations in a particular industry: lower cost and differentiation. These strategies are called generic because they can be pursued by any type or size of a business firm, even by not-for-profit organizations. Discuss
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