This paper shows that cost leadership and differentiation strategies can and do exist together. A dynamic intergration model of generic strategies was constructed, resulting in four strategic alternatives. The global automobile industry is one in whic...
This paper shows that cost leadership and differentiation strategies can and do exist together. A dynamic intergration model of generic strategies was constructed, resulting in four strategic alternatives. The global automobile industry is one in which major competitors in the U. S. and Japan have implemented these four strategies in a dynamic fashion. The companies that sequentially carried out some combination of competitive strategies were found to outperform those which solely adhered to only one of the two competitive strategies.