Discussion 9: Generic Strategies

Anonymous
timer Asked: Feb 6th, 2019
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Question Description

Using the 3 generic strategies, explain how they compare against a market approach. Is the market approach seem more profitable or is it best to keep safe and use the generic strategic methods?

Use an outside resource for your initial post. Seek information through healthcare news articles and journals. Write in third person and do not use “I think or in my opinion”. Keep your information factual and follow APA standards on referencing.

A minimum of 250 words is required for your initial post. Be sure to respond to two fellow students with a minimum of three sentences per response.

Tutor Answer

RyanTopTutor
School: Boston College

Attached.

Running head: GENERIC STRATEGIES

1

Generic Strategies
Student’s Name
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GENERIC STRATEGIES

2

Cost leadership, differentiation, and focus are the three generic strategies. Cost leadership
strategy is when an organization competes with a price. When several companies involved in
cost leadership, an opportunity can occur in a price war between competing companies.
However, it can lea...

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Anonymous
Goes above and beyond expectations !

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