Think of a firm that has attained a differentiation focus or cost focus strategy. Are their advantages sustainable? Why? Why not?
Answer to relevant QuestionsThink of a firm that successfully achieved a combination overall cost leadership and differentiation strategy. What can be learned from this example? Are these advantages sustainable? Why? Why not? How can companies benefit from related diversification? Unrelated diversification? What are some of the key concepts that can explain such success? Discuss some of the challenges that managers must overcome in making strategic alliances successful. What are some strategic alliances with which you are familiar? Were they successful or not? Explain. What is the basis of Alan Rugman’s argument that most multinationals are still more regional than global? What factors inhibit firms from becoming truly global? Explain how the combination of opportunities, resources, and entrepreneurs helps determine the character and strategic direction of an entrepreneurial firm.
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