Question

When managers develop strategies for their businesses they have to answer two questions: "How attractive is the industry that you are in?" and "How are you positioned within that industry?" Generic strategy is: One way for generic products and services to counteract the strength of branded competitors One way to think about positioning within an industry One way to recognize that there is a third missing question "Are you stuck in the middle?" One way to evaluate the attractiveness of the industry

Answer 1

l" when managers develop strategies for their business they have to answer two questions: 'How attractive is the industry that you are in?" and 'How are you positioned within that industry? Genetic strategy is: * One way to recognize that there is a third missing question "Are you stuck in the middle?" - The a questions helps a firm to know the condition of the firm and whether they stuck in middle or not. Firm can estimate its condition by knowing condition of the industry and also position of the firm. I stuck in middle was clearly explined cs Manne3 Med Quetion answer) CamScanner

Go? The region called "stuck in the middle "on the Generic strategy matrix is also known as the zone of competitive Suicide because: The region called stuck in the middle" in the Generic Strategy Matrix is the mid point between low cost and differentiation that is simply not a viable business position Note :- Firm is unable to produce with differentiation to attract consumer and their prices also high and unable to convince coustomers to bunned with CS CamScanner

1" The threat of new entrants is high when there are low economies of scale => positive Economies of Scale reduces cost of production. And low cost of production can prevent new entrents. - Firm can fix a price which is not profitable to new entrents. But when there are low economies of scale, the price will be attractive to the new entrents. other options or not appropriate, because they will not attract new centrant's 11 S.