Question 1: Provide examples of companies that have effectively utilized differentiation to stand out in their respective industries. Note: Give examples of two companies
Question 2: Discuss the implications of BCG Matrix's four quadrants (star, cash cows, question marks, dogs) for decision making and resource allocation within an organization?
Question 3: What are the key stages of an industry lifecycle and how does understanding these stages help business make informed decisions regarding their strategies?
Question 4: Discuss any strategies for the growth stage in the industry lifecycle?
Question 5: Why did Nokia fail in the cell phone industry? Discuss.