1. An insight of Michael Porter's book entitled "What is Strategy?"
2. Market analysis is considered by some in real estate to be one of the most important steps in analyzing real estate; yet the concept is relatively ignored. Briefly explain this apparent paradox.
3. Briefly describe three different examples of market segmentation in real estate markets.
4. Give an example where the best technology did not dominate a network effects-driven market and why? Please, explain in 1-3 paragraphs.