Q1. Why does Michael Porter admonish companies not to change their competitive positioning any more frequently than once every four or five years? Why do some firms protest when given this strategic advice in today's economy?
Q2. Describe some forms of private spending that represent consumption and some forms that represent investment. The national income accounts include tuition as a part of consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment?