Please assist me with the given questions:
Problem 1. What is cost leadership strategy and differentiation strategy? Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy? Why or why not? Give an example to support your answer.
Problem 2. Explain horizontal growth and vertical growth. How does horizontal growth differ from vertical growth as a corporate strategy? Give an example of a company using either or both horizontal and vertical growth and discuss how the strategies helped the business.
Problem 3. Explain either SWOT analysis or portfolio analysis. Give an example. How are directional growth strategies related to the current state of the economy?
Problem 4. How can a corporation identify its core competencies? How about distinctive competencies? Give an example of a distinctive competency.
Problem 5. When should a corporation or business unit outsource a function or activity? What are the pros and cons of outsourcing? Give an example of outsourcing.