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Strategic Management

(1) Briefly explain the three generic strategies. overall cost leadership, differentiation, and focus.

(2) What potential ethical issues do companies face during the growth stage of the Industry Life Cycle?

(3) Briefly explain the difference between a merger and acquisition. Is one more effective than the other, explain?

(4) Briefly explain what the concept of a Joint Venture -why are these so apparently ineffective and short-termed? If you disagree, explain why.

(5) Explain, in a few words, what the principle of anti-takeover tactics is, and provide examples of each type.

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