1).Under what environmental conditions are price wars most likely to occur in the industry? What are the implications of price wars for a company? How should a company try to deal with the threat of a price war? 2). Discuss the Competitive forces model with reference to what you know about the U.S. beer industry. What does the model tell you about the level of competition in the industry? 3). Identify a growth industry, a mature industry, and a declining industry. For each industry, identify the following: (1) the number and size distribution of companies, (2) the nature of barriers to entry, (3) the height of barriers to entry, and (4) the extent of product differentiation. What do these factors tell you about the nature of competition in each industry? What are the implications for the company in terms of opportunities and threats? 4). Assess the impact of macro-environmental factors on the likely level of enrollment at your university over the next decade. What are the implications of these factors for the job security and salary level of your professors?