Compare the attributes of each of the five generic competitive strategies and the type of competitive advantage each can produce.
Discussion 1: Learning Objectives for Identifying, Selecting, and Implementing Strategies
Please see the Discussion instructions in Week 1, and use them as the guidelines for Weeks 2–6.
Post by Day 3 (Wednesday)
Respond by Day 6 (Saturday)
For Week 3, Discussion 1, choose one of the following three discussion topics. Your post should be 225–250 words and APA formatted.
Compare the attributes of each of the five generic competitive strategies and the type of competitive advantage each can produce. Also, explain the impact of the “Blue Ocean” strategy on the classic generic strategy approach.
Explain when a company should consider using a vertical integration strategy to extend its operations to more stages of the overall industry value chain.
Analyze the uses of the various “grand” or “line-of business” strategies in achieving competitive advantage.
Discussion and Participation Guidelines
Weekly Class Discussion Participation
Weekly discussion participation with your colleagues students and the Instructor for each question occurs over a minimum of three different days. You are required to engage in discussions with a minimum of three different colleagues. To be sure you are addressing all of the Learning Objectives for the week, respond to colleagues who selected different questions than you did for their initial post. Each response should be 100–125 words. One-line responses will not earn any points.
After your initial post, engage with colleagues and the Instructor in clarifying and mastering any concepts not fully understood. Points to explore in the first discussion topic could include:
How is the concept(s) used in your current or past place of employment and/or career?
How does the concept(s) relate to other concepts in the Learning Objectives?
Why is it important for you to know and master these concept(s)?
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