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2. 3. Briefly state why "rivalry" is such an important consideration in driving the strategic actions of companies in a particular industry. What factors lead to intense rivalry within an industry? Identify and briefly describe the potential broad strategic actions that typically result from intense rivalry within an industry. Beyond the IMS, identify and briefly describe the (exogenous) environmental factors that organizations should consider when performing an external environmental analysis. Identify and briefly describe the (endogenous) internal factors that organizations should take into account in preparing to do a SWOT analysis. What environmental factors are influencing Ford Motor Company and the rest of the automobile industry? Identify and briefly describe the growth strategies from Chandler. What are the specific areas in which a company can "grow?" How are the growth strategies of Chandler being used by Heinz and French's? 4. 5. I 6. Identify and briefly describe the generic strategies from Michael Porter. Why is an understanding of the IMS an important consideration in deciding on what type of generic strategy to pursue? How are the generic strategies of Porter being used in the multi-product retail industry (think Walmart and Amazon)? Why does almost every company, large or small, need to consider the influence of globalization in the development of international strategies? Identify and briefly describe the options that companies have as they expand internationally and enter into foreign countries and markets? What is meant by the risk versus reward continuum as it relates to international business strategies