1. Discuss how collusion can have a negative affect 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 hypercompetitive 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.  Given specific examples of each type in your analysis.