Write at least 6 pages also add minimum 5 references.plagiarism no more than 15%please refer following pdf files.Skil CorpOverview:The portable electric power tool market in the United States was approximately $1.1 billion in 1979. There were about a dozen manufacturers competing in the U.S. market, of which five were U.S. companies. Skil was the third largest U.S. competitor. Skil was acquired by Emerson Electric in 1979. Skil was a turnaround situation from Emerson’s perspective. The company faced intense competition from Black & Decker and emerging foreign competitors.Questions:What is your analysis of the portable electric power tool industry? (1-2 paragraphs).How has this industry changed since 1979? For better or worse? Explain.What was Skilâs competitive strategy in 1979? How would you describe its relative competitive position then?What strategic options does Skil have and what would you recommend for this company today?
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