Explain generically how a cost leadership strategy permits a firm to address the five forces in its competitive environment so that it can enjoy higher-than-normal profits.

Answer the 2 following questions in essay format .
(each Question in A page)

the Book below is a Must source ..

your answers. Copying what is in the book does not prove to the instructor i understand , which will not consider it as an answer.

Questions:
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1. First explain generically how a cost leadership strategy permits a firm to address the

five forces in its competitive environment so that it can enjoy higher-than-normal profits.

Second, give a unique (not in book) example of a Company that you believe is

effectively using this strategy and why. (Chapter 5)
__________________________________________________________
2. Feedback and 360-evaluation systems are used by organizations to provide

performance information to employees. Describe the process of the 360-evaluation

systems and give an example of how it is used in an actual company. Describe why it

might work better than traditional “direct supervisor” evaluation systems. (Chapter 4)

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** the writer NEED to have access to this Book ** make sure please
The book is Strategic management 7th Edition by Dess,Lumpkin,Eisner,McNamara

__________________________________________________________
** IMPORTANT **
Answers must be typed. Business writing needs to strike a balance between being concise

and complete. Fully answer the question, however do not just “write a bunch of stuff” hoping

that a long answer will get you points. Answers will be graded on the following criteria:

 Completeness (answers the question and provides appropriate examples)

 Organization (sequence of ideas supports the completeness of the answer)

 Style (sentences are clear, vocabulary is appropriate for senior level Business Strategy)

 Editing (spelling, grammar, word choice, punctuation)

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