$1)$ What is the difference between a strategic objective and a financial objective? Discuss the difference and give four examples of each type of objectives to illustrate the difference.

$2)$ Draw and describe the five forces model of competition. Pick three of the five forces and discuss what makes them strong, moderate, or weak. Please use company or industry examples to illustrate and supplement your answers.

$3)$ If a firm is at a cost disadvantage with rivals because its internal costs are higher than rivals, what strategic moves can it make to restore cost parity? Use the concepts of value chain analysis to support your answer.

$4)$ What are the distinctive features of a broad differentiation strategy and in what situations should this strategy be used? Compare and contrast these to the overall lowest$-$cost provider strategy! Give examples when possible.