$$V$$ analysis:

Identify $(<=5$ words$)$ a primary material capability that all firms in the focal industry possess.

In one sentence, what is this capability? Also, where is this capability located $($i$.$e$.,)?$V$$ or

not $$V$?($ point$)$

$2.$R$$ analysis:

a$.$ For the Question $1$ capability, is Progressive S$,$ W$,$ or P vis$-$a$-$vis its key rivals in $1999?$

b$.$ What is the magnitude $($i$.$e$.,$ positive or negative number$)$ of Progressive's S$,$ W$,$ or P in

$1999?$ Show all computations. $$R$$ or not $$R$?$

c$.$ points total for $2.$a $->2.$b$.$

$3.$I$$ analysis:

a$.$ For the Question $1$ capability, plot the magnitude of Progressive$$s S$,$ W$,$ or P for $1995->$

$1999.$ In short, plot Year $($X$-$axis$)$ versus Progressive$$s S$,$ W$,$ or P vis$-$a$-$vis its key rivals

$($Y$-$axis$)$ for each year. Review your plot carefully and discuss your conclusions in $3.$b$.$

b$.$ If Progressive's capability $($identified in Question $1)$ in $1999$ is:

i$.$ S: Did Progressive for example imitate the strongest firm? Is a rival for example

imitating Progressive? Explain and show all computations.

ii$.$ W: Is Progressive for example imitating the strongest firm? Did a rival for example

imitate Progressive? Explain and show all computations.

iii. P: Explain and show all computations.

iv$.$ a$(3.$b$.$i$),(3.$b$.$ii$),(3.$b$.$iii$)$ cannot all be correct. In short, a correct $(3.$a$)$ plot and correct

interpretation of said plot will suggest which one case $($i$.$e$.,3.$b$.$i$,3.$b$.$ii$,$ or $3.$b$.$iii$)$

merits a response.