Please answer all questions from options $-$

$1)$ A medium$-$sized technology company, TS Inc., strives to gain a competitive edge in its industry. The company is known for its software development and customer support services. TS Inc. is considering leveraging its resources and activities to achieve a sustainable competitive advantage.

What strategic approach should TS Inc. adopt based on the combined principles of the Resource$-$Based View $($RBV$)$ and Value Chain Analysis described in the scenario?

TS Inc. should prioritise upgrading and enhancing its customer support services to outperform competitors temporarily.

TS Inc. should improve its software development capabilities for sustained competitive advantage.

TS Inc. should invest in software development and customer support services to maintain competitive parity.

TS Inc. should disregard its resources and activities and instead focus on external market conditions to gain a competitive edge.

$2)$

A small electronics manufacturing company, ElectroTech, is strategising its approach to compete effectively in the consumer electronics market. The company is known for producing high$-$quality electronic gadgets. They are considering adopting a focused strategy to gain a competitive edge.

Which type of focus strategy should ElectroTech consider implementing based on the information provided in the scenario?

ElectroTech should focus on producing a single gadget for various consumer segments.

ElectroTech should offer a variety of electronic products in a small geographical area.

ElectroTech should provide various gadgets to a specific customer group.

ElectroTech should aim to sell a single product to a broad market segment.

$3)$

XYZ company has decided to shift its packaging from plastic to degradable packing. This requires them to make significant changes in manufacturing and distribution. ABC Company, which did the packaging before this, cannot manage this change as they deal with plastic packaging only. XYZ decided to manufacture the package instead of buying it from another distributor. Identify the correct integration and decision involved here.

Horizontal, buy.

Vertical, buy.

Horizontal, make.

Vertical, make.

$4)$

PSG Company is a reputed business group in India with a significant presence in retail, IT$,$ hospitality, fashion, and automobiles. It is also looking for funds to diversify into the jewellery business. NV is a recent start$-$up producing hand$-$crafted jewellery and is in the fundraising stage. Investors prefer PSG over NV$.$ Which of the following do you think is the reason for the same?

Conglomerates have a stronger focus on core competencies.

Emerging economies have stronger legal systems for contract enforcement.

Business groups can fill institutional voids in capital markets, labour markets, product markets, and government interactions.

Because conglomerates are more agile and adaptable in capturing new business opportunities.

$5)$

A multinational coffeehouse chain, Coffee Co$.,$ is considering expanding its operations to a new country, Country X$.$ They have thoroughly analysed the potential benefits and costs of geographic diversification. Coffee Delight believes that entering Country X will provide significant growth opportunities due to its large population and growing coffee consumption trends. However, they are also aware of the challenges associated with operating in a foreign country, including differences in language, culture, and institutional practices.

Based on the information provided in the scenario, what should Coffee Co$.$ consider when deciding whether to enter Country X$?$

Coffee Co$.$ should enter Country X solely for the additional revenues it can generate.

Coffee Co$.$ should enter Country X only if it can maintain identical business practices as in its home country.

Coffee Co$.$ should assess whether it has advantages over local coffeehouse chains in Country X$.$

Coffee Co$.$ should enter Country X without considering the potential challenges of geographic diversification.