Please keep each of your answers limited to two sentences MAXIMUM each, so be concise but still supporting your answer.
- Why do we focus on “above-average” returns in our strategy class?
- What would the Industrial Organization model say about the Cryptocurrency market?
- Distinguish between a Mission Statement and a Vision Statement.
- Name two Stakeholders of a company and why you think they are the most important ones to satisfy.
- Why is the “fit” of activities in strategy so important?
- What is the purpose of a TWOS analysis?
- Evaluate the Threat of New Entrants for the paperclip industry.
- Would Harley Davidson and Honda be in the same Strategic Group? Explain your answer.
- Name a core competency of FaceBook and justify why it’s a core competency.
- What business-level strategy is Pepsi pursuing? Explain.
- With respect to business-level strategies, what do we mean by “Dual Advantage”?
- Name a company that pursues a “Focused Cost Leadership” strategy (not any examples given in class) and support that conclusion.
- Explain how Tesla’s differentiation strategy permeates two stages of their value chain (be specific).
- Name two “Rivals” and *how* the competition between them has made them stronger (don’t need specific evidence here).
- What do we mean when we say that a firm’s board of directors is expected to use their knowledge and expertise to help a company avoid competitive blind spots?
- Give an example of a slow-cycle market and why it would be considered such.
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