1. How is it that the same external variable can be both an opportunity and a threat in strategic management? Give an example and explain.
2. Using a grand strategy matrix approach, what strategies are recommended for a firm that is a week competitor in a rapid-growing market. (include which quadrant that firm is in)?
3. Discuss the characteristics of a company which was following the generic strategy of cost leadership. What types of strategic decisions might this company make and why?