Reference no: EM132915816
1a. 7-Eleven, Circle K and VanGO are the most popular convenience stores in Hong Kong. Analyze the industry structure of convenience stores in Hong Kong and assess its attractiveness with Porter's Five Forces model.
1b. Give and discuss TWO of the limitations in using Five Forces analysis?
2a. Consistency is the key for the successful implementation of different types of strategy". Evaluate this statement with reference to the two generic business level strategies - cost leadership and differentiation.
2b. Explain how could a 'mixed' strategy remain sustainable and avoid being 'stuck-in-the-middle'? Illustrate your answer with a real life example.
3a. How can companies benefit from
(i) related diversification, and
(ii) unrelated diversification?
What are some of the key concepts that can explain such success?
b. Give each of the two types of diversification discussed in (a) a real life local example. Briefly explain how each of your examples has realized the kind(s) of benefit you have discussed in (a).