ANSWER THE FOLLOWING QUESTIONS. Each question should be answered in at least 250 words. Quality of content and use of course and outside-of-course resources to support your position or analysis. Use the attached powerpoints to help answer each chapter. The answers should not be in the form of essay, just straight to the point- Work must be original and cite your sources.
Please be sure to answer the question completely but specifically in well-written complete sentences.
Chapter 1 – New Challenges for Market-Driven Strategy
Discuss the major issues that top management should consider when deciding whether or not to expand business operations into new business areas.
Chapter 2 – Markets and Competitive Space
Many popular forecasting techniques draw from past experience and historical data. Discuss some of the more important problems that may occur in using these methods.