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1. Discuss the strategic relevance of identifying the industry's dominant economic features. Give four examples of relevant factors and discuss what makes them strategically important facts.
2. What are the seven key questions which form the framework of thinking strategically about a company's industry and competitive environment?
3. Draw the five-forces model of competition and briefly describe the relevance of each of the five forces in determining the overall strength of competitive pressures a company faces. Which of the five competitive forces is typically the strongest?
4. Identify and briefly explain any four of the factors that influence the strength or intensity of competitive rivalry among an industry's member firms.
5. Identify and briefly explain any two of the factors that influence the strength of competition from substitute products.
6. Identify and briefly explain any three factors that intensify competitive pressures stemming from the threat that new firms will enter the industry.
Lucy supplies Whole Foods with small jars of incense-fragranced shea butter at $8 each, with a variable cost of $3, and that has a retail price at Whole Foods of $12. She invested $75,000 in fixed costs and aims to earn a profit of $150,000 in one ye..
There is only one valid definition of business purpose: to create a customer. What the customer buys and considers value is never just a product. It is always a utility, that is, what a product or service does for him.”
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Assess the claim that World War I shocked the European-centered world order but World War II destroyed it. How was the Second World War different from the first, and how did their outcomes differ?
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Rich's 13 year old daughter Alexandra is going to give him an introductory trombone concert later in the day, and he wants to purchase earplugs before then
This week let’s discuss integration. First, name a company the practices horizontal integration. Describe the structure. Now do the same for a company vertically integrated. In your opinion, which is better to work for? Which offers workers the bette..
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