While the three business level strategies discussed in the text are important, how those strategies be implemented in different types of industries is problematic.
Each specific industry is characterized by 1) fragmentation, 2) growth, 3) maturity, or 4) decline- each of which will result in different preferred set of possible alternatives.
POST: Select a company that you are familiar with through employment, community location, or as an investor. For that industry: briefly describe in the terms used in the text what type of industry of the four that you believe that company operates in. Further, based on that selection, outline the advantages and disadvantages of that industry type and recommend an appropriate strategy suited to that different industry environment.