Questions from Strategic Management


Q: What are the characteristics of the current competitive landscape? What two

What are the characteristics of the current competitive landscape? What two factors are the primary drivers of this landscape?

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Q: According to the I/O model, what should a firm

According to the I/O model, what should a firm do to earn above-average returns?

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Q: What does it mean to say that the partners of an alliance

What does it mean to say that the partners of an alliance have “complementary assets”? What complementary assets do Renault and Nissan share?

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Q: What does the resource-based model suggest a firm should do

What does the resource-based model suggest a firm should do to earn above-average returns?

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Q: What are vision and mission? What is their value for the

What are vision and mission? What is their value for the strategic management process?

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Q: What are stakeholders? How do the three primary stakeholder groups influence

What are stakeholders? How do the three primary stakeholder groups influence organizations?

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Q: How would you describe the work of strategic leaders?

How would you describe the work of strategic leaders?

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Q: What are the elements of the strategic management process? How are

What are the elements of the strategic management process? How are they interrelated?

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Q: Why is it important for a firm to study and understand the

Why is it important for a firm to study and understand the external environment?

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Q: What are the differences between the general environment and the industry environment

What are the differences between the general environment and the industry environment? Why are these differences important?

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