What is the difference between competitive strategy and business strategy?
Describe the strategy of striving to be the industry's overall low cost provider. What does a company have to do to achieve low-cost provider status?
What market conditions and circumstances make a low-cost provider strategy attractive? What are the pitfalls in pursuing a low-cost provider strategy—what can go wrong?
What are the pros and cons of a broad differentiation strategy?
What are the distinctive features of a broad differentiation strategy? Under what circumstances is a broad differentiation strategy appealing?