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1. What is the significance of naming the three categories of strategies (i.e. generic, grand, and competitive)? 2. If the strategy of a company is to

1. What is the significance of naming the three categories of strategies (i.e. generic, grand, and competitive)?

2. If the strategy of a company is to develop a new product, it should make a product structure for the strategy. How does the company make the product structure?
3. Netflix became a best practice when other company compare with best practice. Please explain how, why Netflix became best practice.

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