1 Describe the relationship between business level strategy and value chain activities. How do disruptive business models alter a value chain? What are the implications for the business and for its competitors?
2 Why do you think competing businesses endeavor to differentiate? How can external factors regulate the nature of competition within an industry?
3 How do firms use horizontal, vertical, and related types of acquisitions to increase their market power? Provide an example of a company that has used multiple types of acquisitions to increase its market power and describe how the firm is now a greater competitor in the market as a result. Cite any sources used to support your answer.
