solved In the previous module, you focused on why firms grow

In the previous module, you focused on why firms grow and what specifically is helping your strategy project firm to grow. In this module, you will focus on how it grows, in particular on whether and when it should grow internally, through alliances, or via acquisitions.See a description and overview for the Case Project Weekly Updates and the Strategy Term Project Portfolio due by Week Eight.For this module, complete or answer the following:1. Where does your firm position itself on the industry life cycle? What are the strategic implications?2. What is the firm’s innovation strategy? Does it rely on incremental or radical innovations? Disruptive or architectural? What are the competitive implications of the firm’s innovation strategies?3. Are intellectual property rights important for your firm? Can you find what strategies the firm is implementing to protect its proprietary position?4. Identify a recent innovation by your firm. What is your firm’s strategy to cross the chasm(s) to achieve mass market adoption of its innovation?5. What attributes describe the current major customer segment for your firm? Are these changing? If so, is your firm prepared to meet these new customer demands?6. How does your firm organize for innovation? Does it use a closed or an open innovation approach? Is its current approach working, or does it need changing? If it does need changing, in what way?Paper Details:Submit the assignment in Microsoft Office format.Format the assignment using APA formatting and writing style. General Expectations for All Written Assignments: Papers should follow current APA guidelines in terms of type, margins, and citations and address the following areas: 1. The actual assignment topic. Consult the instructor for additional information or clarity on assignment instructions.2. Cover the assignment topic in sufficient detail and depth with scholarly sources to support claims.3. The content should reflect ample use of required readings and other course materials.