Answer the following questions with short essays (Typed, Single or Double-Spaced, 12pt. Font w/ 1″ margins). Please clearly separate and mark each essay Reference Gambler and attached articles from Harvard Business Review.
(1) Evaluate iRobot Corporation on the Three Tests of a winning strategy (Gamble, 2021, Chapter 1). Evaluate each of the three tests as either Pass or No Pass. Explain your answer for each of the three tests of a winning strategy. (Recommended page length: 1 page).
(2) Classify iRobot Corporation’s competitive strategy into one (and only one) of the five generic competitive strategies (Gamble, 2021, Chapter 5). Explain your reasoning behind this analysis. Then, discuss how iRobot Corporation executes this competitive strategy in the marketplace of the Robotic Vacuum Industry. (Recommended page length: 1 to 2 pages)
(3) Evaluate the financial performance of iRobot Corporation. Use the financial ratios from the iRobot Corporation Financial Analysis Spreadsheet to support your answer. Classify iRobot’s financial strength as either, poor, average, or excellent and explain your reasoning for this conclusion. (Recommended page length: ½ to 1 page)
(4) What are three major strategic issues that the iRobot Corporation top management team needs to address as of the end of the case study (approximately early 2019). List and discuss three major strategic issues faced by iRobot Corporation. (Recommended page length: 1 to 1 ½ pages)
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