Compare the attributes of each of the five generic competitive strategies and the type of competitive advantage each can produce. Also, explain the impact of the “Blue Ocean” strategy on the classic generic strategy approach

strategy

Choose one of the following three discussion topics. Your post should be 250–300 words and APA formatted.

1. Compare the attributes of each of the five generic competitive strategies and the type of competitive advantage each can produce. Also, explain the impact of the “Blue Ocean” strategy on the classic generic strategy approach.

2. Explain when a company should consider using a vertical integration strategy to extend its operations to more stages of the overall industry value chain.

3. Analyze the uses of the various “grand” or “line-of business” strategies in achieving competitive advantage.