Identify the generic business strategy configurations available to strategic managers, according to Porter’s typology.

Compose a post that integrates a complete Bible scripture verse and transcends all aspects of the following question(s) comprehensively and collectively as a single post.

-200-300 Words

1. Identify the generic business strategy configurations available to strategic managers, according to Porter’s typology.
2. Identify the generic business strategy configurations available to strategic managers, according to Miles and Snow’s typology.
3. How are the business strategy typologies by Porter vis-a-vis Miles & Snow similar? How are they different?

• Supporting your argument (intext citing shows this)
• When all is done, give a brief conclusion
• a reference at the end

• Strategic Management: Theory and Practice, 5th Edition, (Solon, OH: Academic Media Solutions, 2017) John A. Parnell (Online eTextbook Access Card: ISBN 978-1-942-04128-3)
• Good to Great: Why Some Companies Make the Leap–and Others Don’t, 1st Edition, (New York, NY: Harper Business, 2001) James Collins (ISBN-13: 978-0066620992)

Read: Parnell Chapters 7 and 8

Collins Chapter 5

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Zipcar and Car2Go are excellent examples of a focus-low-cost strategy. Customers can rent vehicles by the minute and leave them anywhere in the company’s service area.

https://www.youtube.com/watch?v=aUKFjRDrnso

Dr. Charles Snow explains the logic underpinning the Miles & Snow typology.

http://www.youtube.com/watch?v=4V5uRvtdf3s

Ian Johnson of Drive Your Success gives examples of five specific low-cost marketing strategies.

https://www.youtube.com/watch?v=bMIxDH_s20I

U.S. automaker Ford and Russia’s top auto producer AvtoVAZ discuss aspects of their production strategies.

https://www.youtube.com/watch?v=Q3Trt5XvAJk

https://www.youtube.com/watch?v=ErSZmor1qok