Question: 1. Identify cost drivers in a company's value chain. Explain how these drivers impact a firm's generic strategy. (Explain in one paragraph format, with at

1. Identify cost drivers in a company's value chain. Explain how these drivers impact a firm's generic strategy. (Explain in one paragraph format, with at least 5-7 sentences).

2. Identify and briefly explain the five (5) types of offensive strategies. (List each strategy in one paragraph with at least 1 sentence each).

3. What is a blue ocean strategy, what is its appeal, and what is its drawback? (Explain in one paragraph format, with at least 5-7 sentences).

4. List and discuss three (3) strategy options for competing in emerging markets. (List the strategies in one paragraph format, with at least 1 sentence each).

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