Once the generic strategy is selected,
A)the business should generally mimic the strategic behavior of the leading business in its strategic group.
B)the business should develop its functional strategies.
C)the strategy should be fine-tuned to accentuate the organization's unique set of resource strengths.
D)All of the above.

Question

Quizplus · Accepted Answer

Once the generic strategy is selected, the strategy should be fine-tuned to accentuate the organization's unique set of resource strengths. This means that the business should focus on how they can differentiate themselves from competitors and leverage their unique resources to achieve success in their chosen strategy. Mimicking the leading business in the strategic group may not work as each organization has its unique strengths and weaknesses, and developing functional strategies comes after fine-tuning the overall strategy.

Once the Generic Strategy Is Selected