This assignment requires you to answer these questions on Case 33- Snap-On-Tools: A Victim of Its Own Success(2013). I want you to answer these questions according to the case(2013). Please read the case and answer according to snap-on tools. Also present time is 2013.

What are the major feasible alternative strategies available to the snap-on tools? What are the pros and cons of each? Can corporate scenarios be developed and agreed on? (Alternatives must fit the natural physical environment, societal environment, industry, and corporation for the next three to five years.)

a. Consider stability, growth, and retrenchment as corporate strategies.

b. Consider cost leadership and differentiation as business strategies.

c. Consider any functional strategic alternatives that might be needed for reinforcement of an important corporate(snap-on tools) or business strategic alternative.

B) 1. Specify which of the strategic alternatives you are recommending for the snap-on tools, business, and functional levels of the corporation. Do you recommend different business or functional strategies for different units of the snap-on tools?

2. Justify your recommendation in terms of its ability to resolve both long- and short-term problems and effectively deal with the strategic factors.