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strategic management concepts and cases

Questions and Answers of Strategic Management Concepts And Cases

Identify a company that has increased its level of vertical integration, such as Apple forward integrating into Apple Stores or Netflix backward integrating into its own originally produced shows and
Differentiate among strategic alliances, vertical integration, and arm’s-length supplier relationships.
Explain the different types of strategic alliances, how they are governed and the conditions under which each type is preferred.
Describe the different ways value is created in alliances.
Discuss the two potential dangers of strategic alliances and three ways that firms can protect themselves against these dangers.
Describe the importance of building an alliance management capability.
Discuss the globalization of business.
Explain why firms choose to expand internationally.
Describe different kinds of distance and how they affect successful international expansion and how this affects the choice of where firms should go when they expand.
Explain the three primary types of international strategy and be able to use the international strategy triangle to determine which international strategy is right for a specific firm.
Explain when a firm should use each of four major ways to enter a foreign market.
If the firm has already expanded internationally, using the reasons why firms go global (the first major section of this chapter), determine the primary reason that your firm went global.
If your firm has not yet expanded internationally, determine what forces are likely to drive it to go global.
Choose a firm that has not yet expanded internationally. Choose a market for the firm to enter. Use the four types of distance to evaluate the firm’s likelihood of successfully entering that market.
Choose a firm that has already expanded internationally. For one or more of the firm’s markets, measure all four types of distance between the firm’s home country and the country entered.
Read the Samsung case. Use the case, along with data you gather from outside sources, to measure the distance, using all four types of distance, between each company’s home (South Korea for
For the industry of your choice, determine the correct measures for each axis, and find the median and 90th percentile points for the industry. Pick the top three competitors and draw their
Use data from the Samsung case. Draw the triangles for two or more of the four companies on Figure 9.9 (a generic international strategy triangle). Create triangles for 1960 (estimating the points on
Choose a firm that has not yet expanded internationally. Choose a market for the firm to enter. Determine which mode of entry is the right one for the firm to use. Justify your choice.
Choose a firm that has already expanded internationally. Choose one foreign market that the firm entered. Determine which mode of entry it used. Given the firm’s international strategy, evaluate
Use the Samsung case. Assume that none of the four firms has entered any African markets. Given their respective strategies, determine which mode of entry each firm should use to enter the African
Discuss innovative strategy and the differences among the types of innovation.
Identify the different categories of innovative strategies.
Describe the accelerating pace of innovation and the product, business, and industry life cycle.
What is the difference between an invention and innovation? What are the differences between incremental and radical innovations?
Find a company that is rapidly stealing market share from incumbents.How is the business model of the growing company different?What innovative strategy is it employing?
Find a company that the media is touting as doing something new or innovative. Do you agree that the company is innovative? Why or why not?
Find a company that fits one of the six innovative strategies described in this text. Does the company employ only one innovative strategy, or mix several? Which ones?
Compare renting movies from a box store, versus mail, versus streaming.How does each successive model eliminate value-chain activities?
Find a company that uses a free revenue model. How is it able to perpetually offer the product for free? What kind of free strategy is it using?
Create a strategic group map and a strategy canvas of a competitive landscape.
Analyze a company’s competitors to identify the likely ways they will respond to a company’s strategic moves using a competitor response profile.
Describe the different types of competitive strategies that can be deployed contingent on the environment in which a company operates.
Choose or create a competitive strategy suitable to a company’s competitive situation.
Describe how the 7 S model can be used to determine the level of alignment within a company and between the company and its environment.
Evaluate a strategic change effort and explain the underlying reasons why the effort succeeded or failed.
Discuss how creating effective line-of-sight measures can assist managers in the strategy implementation process.
When using the 7 S model to create alignment, why do managers need to make sure all the Ss align with the organization’s strategy?What problems follow misalignment?What tools do managers have to
If change projects seem to stall and fail to progress, which of the eight steps of successful change have not received enough attention?
If change projects seem to stall and fail to progress, which of the eight steps of successful change have not received enough attention?
If change projects seem to stall and fail to progress, which of the eight steps of successful change have not received enough attention?
If change projects seem to stall and fail to progress, which of the eight steps of successful change have not received enough attention?
Discuss the purposes of a corporation, including the shareholder primacy model and the stakeholder model.
Explain the role of the board of directors in governing the corporation and their duties to shareholders and other stakeholders.
Identify major ethical challenges managers face at each stage of the value chain.
Explain the role of the board of directors in running a public company. What is the board’s primary job? What distinguishes inside from outside directors?
Explain the role of the board of directors in running a public company. What is the board’s primary job? What distinguishes inside from outside directors?
Explain the role of the board of directors in running a public company. What is the board’s primary job? What distinguishes inside from outside directors?
Explain the role of the board of directors in running a public company. What is the board’s primary job? What distinguishes inside from outside directors?
Explain the role of the board of directors in running a public company. What is the board’s primary job? What distinguishes inside from outside directors?
Write a short position paper (one or two pages) that supports either the shareholder primacy or stakeholder answer to the question,“For whom should the corporation exist?” Your paper should
Choose a company that you admire. Use the sources suggested in the Strategy in Practice feature about stakeholder relationships and analyze its performance with 2 to 3 of its stakeholder groups. What
Identify and research a business ethics crisis or scandal. Describe the event and what you see as the causes of the crisis. Where do you see failures in corporate governance? What about failures in
Explain the difference between economic and social value.
Use the value net to identify a social-value organization’s key stakeholders and use that model to discuss opportunities for and threats to value creation.
Explain how economic-value organizations can create value through activities known as corporate social responsibility.
Categorize the major focus areas of social entrepreneurship and the challenges unique to each focus.
Identify a social entrepreneur you admire and learn more about this person’s career. Reach out to this person, or his or her organization, to learn more about the person’s goals, missions,

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