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Discuss how companies can use:
(a) product differentiation, and
(b) capacity control to manage rivalry and increase an industry’s profitability.
What strategies can companies adopt when demand starts falling and what should be the best choice? Discuss with appropriate examples.
How would you design a structure and control system to encourage entrepreneurship in a large, established corporation? What are the problems associated with implementing a strategy of related diversification through acquisitions? Illustrate your answers with appropriate examples.
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