Generic business strategies are based on what two (2) competitive dimensions? Source of competitive advantage \& scope of operations Scope of operations \& scope of revenues Sources of competitive advantage & willingness to pay Value position \& cost position Willingness to pay & scope of operations Which of the following statements is NOT true about corporate strategy? Answers the question of where a firm should compete Comprises decisions that leaders make and actions taken in a quest for competitive advantage in several industries and markets simultaneously Determines how a firm competes against comipetitors in a market. Determines the boundaries of a firm The overarching goal is to grow a firm