1. What is Lululemon's competitive strategy? Describe the key tangible and intangible drivers of differentiation in Lululemon's strategy (use drivers of differentiation from last week's material as a guide).

2. Should Lululemon remain a publicly traded corporation, or would it be better for the company to go private?

3. What did you find most notable in the Shareholder Letter on page 2 of Lululemon's 2022 Annual Report?

4. Outline a few strategic recommendations for Lululemon going forward.