Competitive Strategies Research Questions

Directions: answer 4 out of 5 questions completely. Be concrete. Define in your own words and reinforce with “real” world. The “real” world researched by you is where you earn the points! The Key to Success to research real world examples to illustrate the synthesis of understanding.

1. Discuss in length, analyze and compare the 5 generic Competitive strategies. Please discuss when they are best used and not to be used. Also, provide “real” world examples of each strategy.

2. Discuss and analyze and the Macro Environment of a company. Discuss the factors that affect the environment. Also, discuss the immediate Industry and Competitive environment. Analyze why all of these are important for a company to know. Provide “real” world examples.

3. Discuss each the do and don’ts of creating a Vision Statement. Provide “real” world examples of a good Vision statement and why and a poor Vision Statement.

4. Discuss and analyze what a company needs to look for in their strategy. Discuss the patterns of actions and business approaches that define a company’s strategy Discuss and provide real examples.

5. Define each of the four types of a SWOT. Why would a SWOT be performed? Provide and analyze a “real” world companies SWOT analysis.

Please choose four questions, one page for each. Please use simple words, don’t use long sentences