Questions from Strategic Management


Q: What are some drawbacks and risks to a broad generic business strategy

What are some drawbacks and risks to a broad generic business strategy? To a focused strategy?

See Answer

Q: How can a firm attempting to have a blue ocean business-

How can a firm attempting to have a blue ocean business-level strategy manage to avoid being “stuck in the middle”?

See Answer

Q: As presented in the chapter, firm-level decisions have a

As presented in the chapter, firm-level decisions have a significant impact on the success or failure of organizations. Industry-level effects, however, can also play an important role (see Exhibit 1....

See Answer

Q: In Chapter 4, we discussed the internal value chain activities

In Chapter 4, we discussed the internal value chain activities a firm can perform in its business model (see Exhibit 4.8). Data from Exhibit 4.8: The value chain priorities can be quite different f...

See Answer

Q: The chapter notes there are key differences between economies of scale and

The chapter notes there are key differences between economies of scale and learning effects. Let us put that into practice with a brief example. A company such as Intel has a complex design and manufa...

See Answer

Q: Multinational enterprises (MNEs) have an impact far beyond their firm

Multinational enterprises (MNEs) have an impact far beyond their firm boundaries. Assume you are working for a small firm that supplies a product or service to an MNE. How might your relationship chan...

See Answer

Q: Professor Pankaj Ghemawat delivered a TED talk titled “Actually, the

Professor Pankaj Ghemawat delivered a TED talk titled “Actually, the World Isn’t Flat.” Do you agree with his assessment that the world is at most semi-globalized, and that we need to be careful not t...

See Answer

Q: Why is it important to study the internal resources, capabilities,

Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained?

See Answer

Q: The resource-based view of the firm identifies four criteria that

The resource-based view of the firm identifies four criteria that managers can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a basis f...

See Answer

Q: How can a top management team lower the chances that key managers

How can a top management team lower the chances that key managers will pursue their own self-interests at the expense of stockholders? At the expense of the employees? At the expense of other key stak...

See Answer