1. Your organisation is pursuing a cost leadership strategy. What activities would you recommend to your Chief Executive Officer that your organisation should do in order to reduce costs? Provide examples of some of the activities. 2. Organisations with one main set of products go through the stages of the product life cycle. At each stage of their life cycle organisations may have different industry forces that are most important to their success and they may pursue different strategies for each life cycle stage. Discuss the most important industry forces and most likely generic strategies an organisation may pursue for each of the life cycle stages. 3. You work in a conglomerate organisation and have been asked by your boss to analyse several business units (portfolios) owned by your organisation. Which Matrix/method would you use to analyse the corporate strategy across the business units (portfolios) of companies? Discuss with examples how you could apply any of these matrices to analyse your organisation's business portfolios