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1) What are some drawbacks and risks to a broad generic business strategy? What are some drawbacks and risks to a focused business strategy? Cite examples. 2) Consider the internal value chain activities a firm can perform found in Chapter 4. Since they are all different in nature in their strategies, create examples for the following......one using cost leadership, one using differentiation and one using "blue ocean" strategy. 3) This chapter notes that there are key differences between economies of scale and learning effects. From your Chapter 6 reading, give an explanation and an example of exactly what that is, Why should managers be concerned with large-scale production runs? How might this hinder the hiring, training and retention of key employees? Apply that to the example you chose