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The solution addresses:

1) Explain the nature of competitiveness according to Porter and his five forces model. Explain each component in detail.
2) What are the major different between US and Multinational operation with regard to their affect on strategic management?
3) Define and explain value chain analysis (VCA). What role does benchmarking play in VCA analysis?
4) E-commerce and globalization are external changes that are transforming business and society. Explain these concepts and provide 2 examples which support this statement.
5) Explain the advantages and disadvantages of outsourcing and provide example of companies that use outsourcing as a strategic tool.

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The solution addresses

1) Explain the nature of competitiveness according to Porter and his five forces model. Explain each component in detail.
2) What are the major different between US and Multinational operation with regard to their affect on strategic management?
3) Define and explain value chain analysis (VCA). What role does benchmarking play in VCA analysis?
4) E-commerce and globalization are external changes that are transforming business and society. Explain these concepts and provide 2 examples which support this statement.
5) Explain the advantages and disadvantages of outsourcing and provide example of companies that use outsourcing as a strategic tool.

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