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business
strategic management

Questions and Answers of Strategic Management

How does the organization gather and disseminate information? Is it effective and efficient?
Do they appear to be competent and effective?LO1
What strengths do they appear to bring to the organization? What weaknesses do they have?
Does this seem appropriate for the situation the organization is in now?
How many years of experience in this business and how many years of total experience do they have?
What background/skills do they appear to have?LO1
Who are the members of the board of directors? The top management team?
How might a company's mission statement affect how it does its business? Find Bass Pro's mission statement on its Web site [www.basspro.com]. (Hint: Look at the Newsroom link.) How does Bass Pro
How might these challenges be addressed?LO1
As a company grows, what challenges might it face in replicating in different locations what's made it successful?LO1
What examples of functional strategies do you see in this case? Label your examples and be specific in describing them.
Describe what you think Netflix's competitive strategy is using Miles and Snow's and Porter's frameworks. Explain each of your choices.
What do you think Nike has to do to maintain its strong competitive position?
Do Nike's functional strategies support its competitive strategy? Explain.
What competitive advantage(s) do you think Nike has? Have its resources, capabilities, or core competencies contributed to its competitive advantage? Explain.
Describe Nike's competitive strategy using Miles and Snow^framework and Porter's framework. Explain each choice.
Go to the company's Web site [www.toyota-global.com].Identify and describe three examples of functional strategies you find there
Is strategy coordination important to Toyota?Explain.
Do you think production or marketing would be most important to Toyota? Support your choice.
What do you think are the keys to Toyota's success?
How should an organization's competitive strategy be evaluated?
Describe the offensive and defensive competitive actions an organization might use.LO1
Describe the role(s) that functional strategies play in implementing the organization's competitive strategy.LO1
Why is strategy Implementation critical?LO1
How has SIA recognized the importance of functional strategies to its ability to compete?LO1
What benefits and drawbacks do you see for (a) students and (b) the marketers in these strategic approaches?LO1
What has been your experience with on-campus marketing efforts? Have you ever seen what you would call "ethically questionable" behavior?LO1
What do you think of these approaches? Are they ethical? Discuss.LO1
Describe each of the competitive strategies in Mintzherg's generic strategy typology.LO1
What is the integrated low cost-differentiation strategy, and how does it contradict the concept behind Porter's generic competitive strategies?LO1
What does it mean to be "stuck in the middle"?LO1
Describe each of Porter's generic competitive strategies.LO1
According to Porter, what are the two types of competitive advantage?LO1
Describe each of Miles and Snow's four adaptive strategies.LO1
What advice would you give to Dell's executive team?
Why Is an Integrated low-cost differentiation strategy so difficult to pursue?LO1
Go to the company's Web site and find its mission and values. How might these affect an appropriate strategy?LO1
Do you think a cost focus or a differentiation focus strategy might be more appropriate? Explain.LO1
is the differentiation strategy only appropriate for luxury goods? Explain.LO1
How does this research help organizations in defining a differentiation strategy?LO1
Can you think of other possible strategic responses that either player might use?LO1
What strategies is the copycat using?LO1
How has the initial player responded to the competitive_ challenge?LO1
Find other examples of copycat products (goods or services).LO1
Do some research on Brazil. Find the following:population, languages, age structure, urbanization, GDP composition by sector, and one other "fact"you find interesting. (Hint: Use the CIA World
Which of the adaptive strategies best describes Pague Menos's approach? Why?LO1
Define competitive strategy. What's the connection between competitive advantage and competitive strategy?LO1
What role do resources and distinctive capabilities play in gaining competitive advantage?LO1
Compare and contrast the three approaches to defining competitors.LO1
What is competitive advantage?LO1
Is competition an issue for all organizations? Discuss.LO1
What would be the implications for Sukhol's functional strategies?LO1
To compete, Sukhoi will have to find something(resources or capabilities) that will set It apart.What do you think that might be? lo1
What other actions might Tabasco need to do to protect its competitive position? What other actions could Frank's use to enhance its competitive position? lo1
Besides ads, in what other ways do organizations compete for customers? lo1
Can you think of other situations like this, outside business and athletics, where competition is taking place? lo1
Did you ever think of competition in situations like these?LO1
What strategies are important to each of those functional concerns?LO1
What are the three functional concerns of organizations?
What happens after the SWOT analysis is completed?
How does the work done in the functional areas support the creation of a competitive advantage?
What could other companies learn from this example?
How does this illustrate a functional strategy?
What guidelines might you suggest for the use of these?
What ethical issues might arise?
What do you think of this? Should corporate blogs and other forms of social media be allowed?Why or why not?
What do you think of a company asking employees to take a pay cut or work fewer hours so that no one has to be laid off? How willing would you be to do something like that?
Do some research on employee layoffs. What are companies doing to make it easier for those being laid off? What about for the survivors?
What are the implications of these production-operations strategies for the people strategies of airlines?
What other production-operations strategies might be important to airlines? lo1
Could a SWOT analysis help? Why or why not? If so, how? If not, why not? lo1
What are the implications of a "super" sales day for an organization's functional areas? lo1
Discuss how competitive strategies are implemented and evaluated. lo1
Describe the different competitive strategies. lo1
Explain competitive advantage and what it implies.
Describe the functional strategies an organization needs and explain how those strategies are implemented and evaluated. lo1
How could MSLO's strategic decision makers use value chain analysis in assessing the company's strengths and weaknesses? How about an internal audit? How about a capabilities assessment profile? lo1
What are the benefits (strengths) and challenges(weaknesses) of a company whose products and brands are so tied up in one person's image? Can you think of any other companies that have this same
Go to the company's Web site [www.marthastewart.com] and find the information on the company's business segments. (Hint; Start your search by looking at Investor Relations.) Pick one of the segments
Do those resources and capabilities need to change? Why or why not? lo1
What resources and capabilities did MSLO appear to have?
Look at each of the strategic Initiatives Implemented by Stern. Are they exploiting the NBA's strengths and minimizing Its weaknesses? Explain. LO1
Take each of the three approaches to Internal analysis and describe how each could be used In analyzing the strëligltiL and weaknesses of the NBA. Which one do you think Is most appropriate for an
From this abbreviated description, what resources and capabilities do you think the NBA has? Does the fact that an organization Is striving for global success make It more difficult to develop unique
Go to Coke's Web site [thecoca-colacompany.com], and find five "fun" facts in the material about the company. LO1
Do you think the company has any distinctive capability(ies)?Explain. LO1
From this abbreviated description, what resources and capabilities do you think The Coca-Cola Company has?Does the fact that an organization is so heavily into global markets make it more difficult
Define the different types of brand extensions. LO3
List the main advantages and disadvantages of brand extensions. LO3
Summarize how consumers evaluate extensions and how extensions contribute to parent brand equity. LO3
Outline the key assumptions and success criteria for brand extensions. LO3
Do you think Virgin’s brand is overextended? What are the arguments for or against? LO3
Why Is an Internal analysis an important part of managing strategically? (R-56)
Describe the criteria that can be used to judge organizational resources and capabilities as either strengths or weaknesses. (R-56)
How do you judge which organizational capabilities are strategically important? (R-56)
What does an organizational internal audit evaluate? (R-56)
How would the value chain approach to internal analysis be used? (R-56)
What ethical guidelines might you propose for strategic decision makers when doing competitor Intelligence? (R-56)
Do you think these methods are ethical or unethical? Why? (R-56)
Are there customers an organization might not want?Explain.

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