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get answer 4544

  1. What is a generic strategy? Why do firms employ generic strategy?
  1. What does a “concentration strategy” involve? Why might a firm concentrate on a single industry or segment? Please name a nationally known foodservice company that employs a concentration strategy. Why is this example accurate?
  1. Explain vertical integration and the sub-categories of forward and backward vertical integration? Consider the supply chain national foodservice operators employ to procure ingredients. Provide a foodservice example of forward or backward vertical integration.
  1. From an organizational perspective – what is control and why is it important? How does performance assessment fit into organizational control?

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