Between genetic strategic and grand strategy, which one is more important for a company to focus on?

Who is Michael Porter?  What is his argument as it relates to business strategy?

How do you plan to differentiate yourself from the competition?  What will your strategy be?

What are the strategic planning time frames? How do they work together? Why are good goals important to the planning process? What managerial skills and actions are included in the planning process? What actions can help a firm grow? Give an example of why a firm would pursue each of the three grand strategies. Describe the three levels of strategy and what a manager developing strategy at each level is concerned with.