Please write 1-2 page answer to Exercise 1, Part II, Chapter 6, using IBM as an example. This is an individual assignment, not a group assignment. You dont need to prepare a poster. Just answer the three questions in the exercise.

A. How has the firms corporate-level strategy evolved over time?

B. Whats the current corporate-level strategy and what links, if any, exist between operating units?

C. Critique the current corporate-level strategy (e.g., too much diversification, too little, just right, and why).

For A & B, try to identify the corporate-level strategy in terms of the level of diversification, i.e. single business, dominant business, related-constrained, related-linked, or unrelated. For C, try to use the reasons of diversification to support your evaluation, i.e. the optimal level of diversification should create value through economy of scope, market power, and/or financial economies, or other mechanisms.