Identify if there are any means for achieving the strategies

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Question 1. Identify which one of the Five Generic Strategies as presented in Chapter 5 is most applicable to Hootsuite (Chapter 5 - Michael Porter's Five Generic Strategies).

Question 2. Provide a summary of your findings including a discussion for why you have chosen a specific generic strategy and how that assists Hootsuite to gain/maintain a competitive advantage in its current situation.

Question 3. Identify if there are any means for achieving the strategies that you have identified in questions above, that Hootsuite should consider and provide a detailed explanation for your rationale.

consider two strategies of 11 ( alternative1 &2)

forward integration
backward integration
vertical integration
Horizontal integration
Market penetration
product development
Market development
diversification
related diversification
unrelated diversification
Types of retrenchment

Reference no: EM133419883

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