Problem
Review the material from British Columbia Institute of Technology's Kevin Wainwright's "Lecture Notes on Porter's Generic Strategies" and QuickMBA's "Competitive Advantage.
Then, answer the following questions:
A. Describe the similarities and differences among generic strategies. Provide an example of an organization using a generic strategy.
B. Compare and contrast a broad and narrow focus strategy. Provide an example of an organization using a broad or narrow focus strategy.
C. Consider a niche product you have consumed. What unique attributes made the product or service attractive to you?