Question: 1. What industry forces might cause a propitious niche to disappear?
2. Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not?
3. Is it possible for a company to have a sustainable competitive advantage when its industry becomes hypercompetitive?
4. What are the advantages and disadvantages of being a first mover in an industry? Give some examples of first mover and late mover firms. Were they successful?
5. Why are many strategic alliances temporary?