What determines the level of competitive intensity in an industry?If a firm is successful domestically, it is likely to be successful internationally? Why or why not?

Strategic Management

N.B. Support your arguments and conclusions. Explain your answers thoroughly. Reference any appropriate readings in your answer.

If a firm is successful domestically, it is likely to be successful internationally? Why or why not?

What determines the level of competitive intensity in an industry?

Can a firm achieve competitive advantage and thereby strategic competitiveness without acting ethically? Explain your answer.

Marcus Aurelius Antoninus said: “Time is a river of passing events, and strong is its current; no sooner is a thing brought to sight then it is swept by and another takes its place, and this too will be swept away.” Explain what you think this statement means and what are its implications for managing strategically.

Suppose you had to explain to a friend why you are studying strategic management. What would you tell that person? Explain your answer.