Once a generic strategy has been selected there is no need for future consideration of what strategy a firm should follow.
Correct Answer:
Verified
Q2: Michael Porter identified five possible generic strategies.
Q3: An important issue with a differentiation strategy
Q4: The only thing a firm needs to
Q5: One has only to build a business
Q6: Research has found that there is little
Q7: Strategic planning and strategic management is the
Q8: A firm that pursues a Cost leadership
Q9: Strategic planning is seen as a series
Q10: The two major reasons for developing a
Q11: IKEA would be an example of a
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