Reference no: EM132750107

Question One

According to Porter's view of competition, a company must select and implement only one strategy of Porter's generic strategies. Compare and contrast each of low-cost leadership and differentiation strategies and how each strategy is linked with achieving a competitive advantage?

Note: Apply your answers a real life company/ies.

Question Two

Discuss the factors that should be examined (considered) when analyzing the external business environment and discuss how strategic thinking about the external business environment is linked with your company's' success?

Note: Cite a real life example.

Question Three

Discuss the management tools that are usually used by modern companies in order to execute business strategies successfully and achieve their strategic objectives?

Note: Apply your answers on a real life example.

Question Four:

Explain the main tasks of the Strategy Execution Process that enable a firm to execute its strategy successfully and achieve target performance objectives?