Question

What are the limitations of examining firms in terms of generic strategies?

Answer 1

• Limitations of Generic Strategies. Examining business-level strategy in terms of generic strategies has limitations. Firms that follow a particular generic strategy tend to share certain features. For example, one way that cost leaders generally keep costs low is by not spending much on advertising.

Answer 2

Answer:

• Limitations of Generic Strategies

Examining business-level strategy in terms of generic strategies has limitations. Firms that follow a particular generic strategy tend to share certain features. For example, one way that cost leaders generally keep costs low is by not spending much on advertising.

Explanation:

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