This assignment analyzes the strategic management practices of General Electric (GE) and Haier, focusing on key concepts such as corporate and business strategy, industry analysis, segmentation analysis, and the resource-based view of the firm. The questions delve into Jack Welch's leadership at GE, the company's diversification strategies, and the impact of organizational culture and resources. It examines Haier's transformation from a failing appliance manufacturer to a global electronics giant, highlighting the role of Zhang Ruimin's leadership and the company's strategic decisions in the face of competition. The assignment explores topics such as brand equity, barriers to entry, and the interplay of various resources (physical, financial, human, and organizational) in achieving competitive advantage. The questions assess the understanding of how strategic choices impact a firm's performance and position within the industry. The assignment also considers the application of Porter's Five Forces framework and the VRIO framework to evaluate the value, rareness, inimitability, and organization of the resources.