Question: 4. Please answer the following questions about Trader Joes based on your knowledge of the case. a. Which of the five generic business strategies described

4. Please answer the following questions about Trader Joes based on your knowledge of the case.

a. Which of the five generic business strategies described in Chapter 5 of your textbook is Trader Joes pursuing according to you? Support your answer.

b. What are the risks of that business strategy? Do any/which of these risks apply to Trader Joes? Why?

c. Every strategy works best under certain conditions. Are those conditions satisfied in the case of Trader Joes and the supermarket industry?

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