Need 2 pages answer for Learning Objectives Ch.5-6 *keep questions on the answer sheet and need answer the question one by one, don’t put all together.
Need total 0.75-1 page answer for Discussion Questions (ch5-6)
ALL answers should from your own words or the textbook (No Internet resource allowed)
You answers must related to the textbook lessons. answers are easy to find under each chapter (pdf), just use some of your word and explanations from textbook. Also you must write the page number (where is this topic come from) after your answer.
Part 1 2page
Learning Objectives Chapters 5-8
CH.5 The Five Generic Competitive Strategies (please use pdf page1-28 for answers)
LO 1 What distinguishes each of the five generic strategies and why some of these strategies work better in certain kinds of competitive conditions than in others.
LO 2 The major avenues for achieving a competitive advantage based on lower costs.
LO 3 The major avenues to a competitive advantage based on differentiating a company’s product or service offering from the offerings of rivals.
LO 4 The attributes of a best-cost provider strategy—a hybrid of low-cost provider and differentiation strategies.
- 6 Strengthening a Company’s Competitive Position- Strategic Moves, Timing, and Scope of Operations (please use pdf page29-55 for answers)
LO 1 Whether and when to pursue offensive or defensive strategic moves to improve a company’s market position.
LO 2 When being a first mover or a fast follower or a late mover is most advantageous.
LO 3 The strategic benefits and risks of expanding a company’s horizontal scope through mergers and acquisitions.
LO 4 The advantages and disadvantages of extending the company’s scope of operations via vertical integration.
LO 5 The conditions that favor farming out certain value chain activities to outside parties.
LO 6 When and how strategic alliances can substitute for horizontal mergers and acquisitions or vertical integration and how they can facilitate outsourcing.
Part 2 0.5page
Discussion Question (CH 5-6) (need 0.75 page answer)
Think about the vertical integration strategies. Make an argument for either “integrating backward” or “integrating forward” to gain competitive advantage. Name a company or industry whereby your argument would apply.
