Questions from Strategic Management

Q: Why is it important for any organization (firms, nonprofits,

Why is it important for any organization (firms, nonprofits, etc.) to study and understand its external environment?

Q: Generation Y (born between 1980 and 2001) is entering the

Generation Y (born between 1980 and 2001) is entering the work force and advancing their careers now, as the baby boomers begin to retire in large numbers. Given the smaller size of Gen Y compared to...

Q: The chapter identifies three governing mechanisms for strategic alliances: non-

The chapter identifies three governing mechanisms for strategic alliances: non-equity, equity, and joint venture. List the benefits and downsides for each of these mechanisms.

Q: An alliance’s purpose can affect which governance structure is optimal. Compare

An alliance’s purpose can affect which governance structure is optimal. Compare a pharmaceutical R&D alliance with a prescription-drug marketing agreement, and recommend a governing mechanism for each...

Q: Alliances are often used to pursue business-level goals, but

Alliances are often used to pursue business-level goals, but they may be managed at the corporate level. Explain why this portfolio approach to alliance management would make sense.

Q: An alliance’s purpose can affect which governance structure is optimal. Compare

An alliance’s purpose can affect which governance structure is optimal. Compare a pharmaceutical R&D alliance with a prescription-drug marketing agreement, and recommend a governing mechanism for each...

Q: Alliances are often used to pursue business-level goals, but

Alliances are often used to pursue business-level goals, but they may be managed at the corporate level. Explain why this portfolio approach to alliance management would make sense.

Q: When Walmart decided to incorporate grocery stores into some locations and created

When Walmart decided to incorporate grocery stores into some locations and created “supercenters, “was this a business-level strategy of differentiation or a corporate strategy of diversification? Why...

Q: How can related diversification create a competitive advantage for the firm?

How can related diversification create a competitive advantage for the firm? Keeping the advantages of related diversification in mind, think back to theexample of Delta’s vertical integration decisio...

Q: Franchising is widely used in the casual dining and fast food industry

Franchising is widely used in the casual dining and fast food industry, yet Starbucks is quite successful with a large number of company-owned stores. In 2014 Starbucks had over 7,000 company owned st...