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2 November, 12:44

Why are differentiation and low cost leadership strategies referred to as generic business strategies? they can be simultaneously pursued by a firm without any trade-offs. they can be used by any organization independent of industry context. they require similar strategic positions in order to increase a firm's chances to gain competitive advantage. they can be applied only by businesses, which have a competitive advantage?

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  1. 2 November, 14:19
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    Differentiation and low cost leadership strategies are referred to as generic business strategies due to the fact that they can be used in basically any organization, regardless of the industry.
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