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

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.Click here for more on this paper.......

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