1) How did Philips become the leading consumer electronics company in the world in the postwar era? What distinctive competence did they build? What distinctive incompetencies?2) How did Matsushita succeed in displacing Philips as No. 1? What were its distinctive competencies and incompetencies?3) What do you think of the change each company has made to date the objectives the implementation the impact? Why is the change so hard for both of them?4) What overall strategic recommendations would you make to Gerald Kleisterlee? To Eumio Ohtsubo?Instructions:Reports should not simply repeat material and facts from the cases. Do NOT use external resources. Do NOT write an introduction.Do NOT write the questions; just write the number of the question. The paper will be checked for plagiarism.