1. Discuss how collusion can have a negative affect as a business strategy. Give an actual example of a collusion strategy used by a company.
2. Describe how a firm develops a business strategy when in a hypercompetitive industry.
3. Explain how a company can have a successful business strategy based on both the cost leadership and differentiation strategies.
4. Evaluate the differences between cooperative and competitive strategies. Given specific examples of each type in your analysis