EXERCISES

  1. What is strategic focus and why is it important?
  2. What are Porter’s three generic strategies?
  3. Can a firm simultaneously pursue a low-cost and a differentiation strategy?
  4. What are the three value disciplines?
  5. What four rules underlie the three value disciplines?
  6. How do Porter’s generic strategies differ from, and relate to, the Treacy and Wiersema approaches?

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Strategic Management 2E Copyright © 2021 by John Morris is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, except where otherwise noted.