Question: Generic strategies are concerned specifically with 1 . selecting the industries in which the firm will compete. 2 . how a business with multiple physical

Generic strategies are concerned specifically with
1.
selecting the industries in which the firm will compete.
2.
how a business with multiple physical locations will operate one of those locations.
3.
creating differences between the firm's position and its competitors.
4.
how functional areas will be organized within the firm.

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