Course: Strategic Management Answer/comment the questions (do not cite) 1. Low cost Low cost is a competitive advantage only sometimes. Can you provide of the conditions when it is or when it is not? Leave ideas for others, but because things are usually conditional, some explanation might be needed. 2. How helpful are generic strategies? I’m not sure how to think about generic strategies. What is the benefit of “low cost” and “differentiation” when we know multiple variants exist along the this dimension and there are any number of ways to differentiate; each of which may have their own low cost-differentiation continuum.
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