MGT 527

Question 1

Define vision and mission

Question 2

What is the difference between intended and realized strategy?

Question 3

What is gaining and sustaining competitive advantage?

Question 4

What is scenario planning (what if questions)?

Question 5

Define External Environment (Macro environment, industry environment, competitive environment)

Question 6

Define Internal Environment

Question 7

Define value chain

Question 8

Five Generic Business Level Strategies (Narrow or broad, cost or differentiation)

Question 9

Define Corporate Level Strategies (Horizontal vs Vertical Diversification, Strategic Alliances, Mergers and Acquisitions)

Question 10

Name the Porters Five Forces Model

Answer 10

Power of Buyers
Power of Suppliers
Threat of New Entrants
Threat of Substitute Products
Intensity of Compeition

Question 11

In the Porters Five Forces Model, what makes an industry attractive?

Question 12

How do you conduct and use the results of SWOT analysis to generate insights from external and internal analysis?

Question 13

Define value chain

Question 14

What are the components of a company value chain?

Question 15

What are the implications of value chain analysis?

Question 16

Company vs. industry value chain

Question 17

Advantages and disadvantages of going global

Question 18

Cost reductions vs Local Responsiveness

Question 19

International vs. Multi-domestic vs. Global-Standardization vs. Transnational Strategy