Compare and contrast Porter's strategy typology with Miles & Snow's typology. Discuss how low-cost and differentiation strategies can be combined. Do larger businesses tend to outperform their mid-size and smaller counterparts? Explain. Should businesses involved in global markets develop a single strategy for all markets or different strategies for each one? Explain your answer. Identify Porter's generic business strategies, explain each and provide an example of a firm using each. What is the difference between a firm's corporate strategy and its business strategy?