Competition and Strategy


Please answer the following 3 questions thoroughly explaining the answers with Real life examples – it is preparation for an exam Please make sure it is FULL answers!

1. Five Forces Framework

– describe the 2 forces chosen & discuss why the level may wary and how do they effect industry profitability (The Question)

How and Why they effect – in which scenarios it happens
Describe the Issues and Articles

2. Strategic Choices (Part II)

Describe the main elements of porters generic strategies and discuss the implications for the business organizations
3. Diversification

Using Ansoffs framework – describe the main forms of diversification available to the company, and what might be advantages and disadvantages

Drivers for diversification

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