1. Porter's Generic Strategies model identifies potential strategic options an organisationmight pursue. Explain what this concept means and using relevant examples, discussand analyse how a company might utilise different competitive strategies to achieveits objectives
2. 'It has been argued that diversification in many firms has not led to betterperformance and that many firms are now restructuring or divesting businesses inorder to be more focused.' Discuss and critically evaluate the above statement.
3. What do you understand by the term strategic capability? Using relevant examplescan you explain how a company might utilise its strategic capability to gain competitiveadvantage?