Answer to Question #254667 in Management for Tash

Question

1. Complete a report indicating which one of Porter’s Generic Strategies are being pursued by Edgars. Your report should make reference to the strategies pursued by other industry players and clearly justify Edgar’s approach.
2. Given the turbulence and uncertainty that prevail in the present market due to the Covid-19 pandemic, write a report justifying which two of the eleven generic strategies presented in the literature do you consider the best for Edgars to pursue.
3. Identify eight major strengths and eight major weaknesses for your faculty and compile an IFE matrix for the faculty. 

Answer 1

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