1- Discuss how collusion can have a negative effect as a business strategy. Give an actual example of a collusion strategy used by a company. 2- Describe how a firm develops a business strategy when in a hyper-competitive industry. 3- Explain how a company can have a successful business strategy based on both the cost leadership and differentiation strategies. 4- Evaluate the differences between cooperative and competitive strategies. Give specific examples of each type in your analysis.