Answer the following questions: (Minimum 250 words per answer)
1. Identify an existing organization that established sustained market leadership by successfully leveraging a generic strategy. How did the organization successfully leverage this strategy?
2. What are the challenges in managing a portfolio of companies? Identify an organization that has been consistently successful. What critical success factors have they emphasized?
Answer the following questions: (Minimum 150 words per answer)
3. Discuss the importance of the value disciplines. (Team)
4. Discuss the relationship between customers and business-level strategies in terms of who, what, and how. (Chapter 4)
5. Describe the risks of using each of the business-level strategies. (Chapter 4)
6. Describe how firms can create value by using a related diversification strategy. (Chapter 6)
7. Describe the three international corporate-level strategies. (Chapter 8)
8. Define cooperative strategies and explain why firms use them. (Chapter 9)
9. Describe two approaches used to manage cooperative strategies. (Chapter 9)
References:
Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2015). Strategic management: Competitiveness and globalization (11th ed). Stamford, CT: Cengage.