THE FIVE GENERIC COMPETITIVE STRATEGIES are: 1. Low-Cost Provider Strategies 2. Broad Differentiation Strategies 3. Best-Cost Provider Strategies 4. Focused (Market Niche) Low-Cost Strategies 5. Focused (Market Niche) Differentiation Strategies Give an example of each of them. Why should companies know about them?
What are the key differences between relationship and task conflict? Why is task conflict more productive in groups than relationship conflict and what are some of the ways to turn relationship conflict into task conflict for the greater good of the group?