Post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in Business Strategy: Differentiation, Cost Leadership, and Blue Oceans, Innovation, Entrepreneurship, and Platforms. Also, provide a graduate-level response to each of the following questions:
- How the internal value chain activities a firm can perform. The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms: one using cost leadership, another using differentiation, and a third using a value innovation business-level strategy.
- Select an industry and consider how the industry life cycle has affected business strategy for the firms in that industry over time. Detail your answer based on each stage: introduction, growth, shakeout, maturity, and decline.
Should be more than 450 words, APA.