Problem 1. Under stable conditions, concentrated growth poses lower risk than any other grand strategy (Pearce & Robinson p. 190 *). Explain why this is the case.
Problem 2. How do you think Online Universities has created today's competitive advantage? Why are those things effective? What must Online Universities do to sustain a competitive advantage?
Problem 3. Fifteen principal grand strategies are listed on Pearce & Robinson pp. 187-8 *. Is it possible for a single- business firm to use two or more at the same time? If yes, give an example. If no, why not?
Problem 4. Procter & Gamble's laundry detergent business is in Quadrant IV of the Model of Grand Strategy Clusters (Pearce & Robinson Exh. 8.11 *). Provide an original example of concentric diversification and joint venture for that business. Is there a grand strategy, not listed in Quadrant IV, which would also be appropriate? Explain.
*Strategic management: Formulation, implementation, and control (12th ed.). Boston, MA: McGraw-Hill/Irwin (Pearce & Robinson 2011).