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What kind of trade-offs does a firm face

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Question - ASSESSING FIRM CAPABILITIES

a) What kind of trade-offs does a firm face when it chooses a particular type of generic strategy (low-cost leadership, differentiation, or focus)?

b) How does the choice of a generic strategy ultimately affect the kind of people the firm would hire for its management team?

c) What kind of skills would be needed for a firm pursuing low-cost leadership?

d) Are these skills different from those needed to support a differentiation or focus strategy?

Reference no: EM133056688

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