Explain the differences between specialist strategy and generalist strategy.
DISCUSSION QUESTIONS (DQ’s). 1. Use companies in the any industry to provide an example of each strategy. Specify the industry, as all must be from the same industry. a. Define R-strategy and K strategy. b. Explain the differences between R-strategy and K strategy. c. Define specialist strategy and generalist strategy. d. Explain the differences between specialist strategy and generalist strategy. (300-word minimum) 2. What are the critical differences between the rational and Carnegie approaches to decision-making? a. Define each approach. b. Describe the differences of each approach. c. Describe a time when you used rational decision making. d. Give details about all the factors you considered and the sources you used. e. What are the critical differences between the incrementalist and garbage-can models? f. Define each model. g. Describe the differences of each model. h. Which model best describes how decision-making takes place in a fast-food restaurant? i. Which model best describes how decision-making takes place in the research and development laboratory of a major drug company? (300-word minimum)
