Generic Strategies
Order Description
After completing the unit reading, including the article by Ormanidhi and Stringa (2008), apply Porter’s generic strategies of overall cost leadership, differentiation, and focus appropriately to an organization with which you are familiar or interested.
During the application of the generic strategy, select and justify its appropriateness based on both the organization’s product or service life cycle and on the life cycle of the organization itself.
Choose an organization from the below list:
Apple
Samsung
Best Buy
Amazon
Reading: ISBN: 978-0-471-01793-6 Huff, Floyd, Sherman & Terjesen: Chapter 7: Considering Corporate Strategy Huff, Floyd, Sherman & Terjesen: Chapter 13: Personal Strategizing, pp. 389-399
Ormanidhi, O., & Stringa, O. (2008). Porter's Model of Generic Competitive Strategies. Business Economics, 43(3), 55.