Final Preparation: Study Guide To answer questions correctly, you should understand: Five forces framework (mechanisms of each force) Industry analysis (market concentration and its interpretation) Blue ocean strategy (definition, mechanisms) First-mover advantage (definition, sources) A razor-blade strategy (definition, mechanisms, examples) Resource-based view (concept, mechanisms, attributes of resources that create sustainable advantage, etc.) Competitive dynamics analysis [competitor analysis] (how to analyze, limitations) Distinction between corporate strategy and business strategy Economies of scope (definition, examples) Vertical integration (examples) Strategic alliances (definition, conditions of success, related capabilities) Merger and acquisitions (motivation, examples) Strategic renewal (definition, characteristics) Agency theory (definition, mechanisms, related concepts: moral hazard, information asymmetry etc.) Case specific questions from Ready-to-eat Breakfast Cereal, Google, Kodak, Disney 18 Multiple choice questions (18X4=72 points) 5 Short answer questions (5X4=20 points) 1 Calculation question (8 points)