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    Michael Porter's generic strategies and business

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    Discuss your opinion of Michael Porter's generic strategies and when you might utilize them in your business.

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    I believe that Michael Porter's generic strategies are quite helpful for mutinational companies or those who seek to get to that point. They are very practical because a person is aware of the barriers to entry when it comes to growing their business, such as selling candles to the location. A person is more aware of supplier power and what ...

    Solution Summary

    This solution provides an opinion on Michael Porter's generic strategies and when one might use them in business.