Discussion
1. What information is needed for the proper formulation of strategy? Why?
2. How can a company achieve a sustainable competitive advantage when its industry becomes hypercompetitive? Provide examples of some companies that you believe have been successful at this.
3. How can a company overcome the limitations of being in a fragmented industry? Provide an example of a company that has done this
4. What are the tradeoffs between an internal and an external growth strategy? Which approach is best as an international entry strategy? Why?
5. What skills should a person have for managing a business unit following a differentiation strategy? Why? What should a company do if no one is available internally and the company has a policy of promotion from within?