Problem
i. What are the major elements of VR's competitive strategy in the destination resorts industry? Compile a list of VR's strategic moves since 2001.
ii. VR's strategy is can be characterized as a first-mover strategy. What are the benefits and disadvantages VR has experienced due to this strategy?
iii. Based on what you read in the case. You should provide a risk assessment of VR for the 2017 timeframe. The risk assessment should identify the risks they will be facing and note potential corrective actions for each.