Porters Generic Strategies 1 answer below »

Question 1.

Every company pursues one or more of Porter’s generic strategies: (1) cost leadership – low cost; (2) cost leadership – best value;(3) differentiation; (4) focus – low-cost, and (5) focus – best value.

(a) Discuss the generic strategy (in detail) used by Staples, Macy's, and Old Navy.

(b) What is each company doing to gain a COMPETITIVE advantage through their respective strategies?

(one page)

Question 2.

If you worked in the Hotel industry, what activities would you outsource and why?

Provide a research based justification for your decision.

(one page)

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