Question: Please answer these questions based on a Glo-Bus simulation camera company. These responses need not belong; they only need to be correct. If you need

Please answer these questions based on a Glo-Bus simulation camera company. These responses need not belong; they only need to be correct. If you need to make assumptions because the simulation does not provide all the data you need, just tell me what your assumptions are.

  1. Your camera company diversified when it chose to manufacture drones. If your company opted to continue pursuing a strategy of related diversification, name two industries that would allow it to achieve cost savings. What specific kinds of cost savings might accrue from entry into each of the two industries?
  2. Discuss whether your digital camera company competes in a world market arena characterized by multi-country competition or global competition. Then identify which of the strategy options for competing in global markets discussed in the textbook your company is employing.

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