Take identify different retailer--Walmart, Amazon, Target, Ace Hardware, and the Gap are examples. Do not use the five listed. Briefly describe what you observe to basic strategy followed by the retailer you have chosen. Discuss the following: How do the different strategies you have observed, reflect the key concepts proposed by Porter in "What is Strategy?" How do the different strategies reflect the factors Hambrick and Frederick prescribes every good strategy should have? What is needed? What does the group see has basic approaches to competing that different retailers use? Can you define 2-5 basic approaches?