Dealing with Strategic Management Questions What role do long-term objectives play in helping the e

Dealing with Strategic Management

Questions:

What role do long-term objectives play in helping the enterprise make appropriate strategic choice decisions? 

How do distinctions between value disciplines and generic and grand strategies help build competitive advantage?

What are some disadvantages of low-cost leadership? 

Is it possible to have a differentiation orientation and a low-cost orientation at the same time? Why or why not?