Questions and Answers of Strategic Management And Business Policy

Does your overall assessment of the industry suggest that industry rivals have sufficiently attractive opportunities for growth and profitability? Explain.
Using the financial ratios provided in the Appendix and the following financial statement information for Macy’s, Inc., calculate the following ratios for Macy’s for both 2015 and 2016. 1. Gross
REI operates more than 140 sporting goods and outdoor recreation stores in 36 states. How many of the four tests of the competitive power of a resource does the retail store network pass? Explain
Using the formulas in the Appendix and the data in your company’s latest financial statements, calculate the following measures of financial performance for your company: 1. Operating profit
Based on your company’s latest financial statements and all of the other available data regarding your company’s performance that appear in the Industry Report, list the three measures of
What hard evidence can you cite that indicates your company’s strategy is working fairly well (or perhaps not working so well, if your company’s performance is lagging that of rival companies)?
What internal strengths and weaknesses does your company have? What external market opportunities for growth and increased profitability exist for your company? What external threats to your
Does your company have any core competencies? If so, what are they?
What are the key elements of your company’s value chain? Refer to Figure 4.1 in developing your answer. FIGURE 4.1 A Representative Company Value Chain Primary Activities and Costs Support
Using the methodology illustrated in Table 4.3, do a weighted competitive strength assessment for your company and two other companies that you and your co-managers consider to be very close
Best Buy is the largest consumer electronics retailer in the United States with fiscal 2017 sales of nearly $40 billion. The company competes aggressively on price with rivals such as Costco
Concepts & Connections 5.1 discusses Amazon’s low-cost position in the electronic commerce industry. Based on information provided in the capsule, explain how Amazon has built its low-cost
USAA is a Fortune 500 insurance and financial services company with 2016 annual revenues exceeding $27 billion. The company was founded in 1922 by 25 Army officers who decided to insure each
Explore Kendra Scott’s website at www.kendrascott.com and see if you can identify at least three ways in which the company seeks to differentiate itself from rival jewelry firms. Is there reason to
Which one of the five generic competitive strategies best characterizes your company’s strategic approach to competing successfully?
Which rival companies appear to be employing a low-cost provider strategy?
Which rival companies appear to be employing a broad differentiation strategy?
Which rival companies appear to be employing a best-cost provider strategy?
Which rival companies appear to be employing some type of focus strategy?
What is your company’s action plan to achieve a sustainable competitive advantage over rival companies? List at least three (preferably, more than three) specific kinds of decision entries on
Live Nation operates music venues, provides management services to music artists, and promotes more than 26,000 live music events annually. The company acquired House of Blues, merged with
Kaiser Permanente, a standout among managed health care systems, has become a model for how to deliver good health care cost-effectively. Concepts & Connections 6.3 describes how Kaiser Permanente
Using your university library’s business research resources, find two examples of how companies have relied on strategic alliances or joint ventures to substitute for horizontal or vertical
Has your company relied more on offensive or defensive strategies to achieve your rank in the industry? What options for being a first mover does your company have? Do any of these first-mover
Does your company have the option to merge with or acquire other companies? If so, which rival companies would you like to acquire or merge with?
Is your company vertically integrated? Explain.
Is your company able to engage in outsourcing? If so, what do you see as the pros and cons of outsourcing?

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