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Describe how a firm develops a business strategy

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Reference no: EM131032220

1. Discuss how collusion can have a negative affect as a business strategy. Give an actual example of a collusion strategy used by a company.

2. Describe how a firm develops a business strategy when in a hypercompetitive industry.

3. Explain how a company can have a successful business strategy based on both the cost leadership and differentiation strategies.

4. Evaluate the differences between cooperative and competitive strategies. Given specific examples of each type in your analysis.

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The overall impact of Collusion has negative effect as business strategy as this is one of illegal business option where two or more parties create agreement for their individual benefits which has negative impact on market and consumers.

Reference no: EM131032220

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