Question $1$

In $2023,$ Six Flags decided to reduce its dependence on foreign suppliers of rides by making all new rides for its parks. Though expensive, it felt this would allow it to be more innovative in developing new rides that match customer interest.

In the discussion of corporate strategy in slide set $4$ and its video discussion, we go over corporate strategic alternatives. Which corporate strategic alternative did Six Flags implement?

Question $1$ options:

A$)$

Horizontal Integration

B$)$

Forward Vertical Integration

C$)$

Concentric Diversification and Forward Vertical Integration

D$)$

Backward Vertical Integration

E$)$

Horizontal Integration and Concentric Diversification

F$)$

Concentric Diversification

Question $2$

Six Flags has been in the park business for $25$ years, though its rides and facilities are getting old and dated. About $85\%$ of the industry revenue is generated by the $10$ largest companies and Six Flags has the top attendance in the industry.

In slide set $4$ and slide set $5,$ I go over the GE Matrix and discuss business strength and industry attractiveness $($also note the small corrections made on the intro to the slide set $5$ video$).$ Which business strength does this most demonstrate for Six Flags?

Question $2$ options:

A$)$

High Market Share

B$)$

High Quality Product

C$)$

Production Knowledge

D$)$

Production Knowledge and High Quality Product

E$)$

High Market Share and Production Knowledge

F$)$

High Market Share, High Quality Product, and Production Knowledge

Question $3(1$ point$)$

For the ride industry in which Six Flags operates, there are concerns that $3-$D movies at home and PC gaming are taking away teen customers and free national parks are drawing away families and senior citizens.

In slide set $4$ and slide set $5,$ I go over the GE Matrix and discuss business strength and industry attractiveness $($also note the small corrections made on the intro to the slide set $5$ video$).$ This suggests that Six Flags is facing which negative industry factor

Question $3$ options:

A$)$

Substitute Pressure

B$)$

Supplier Power

C$)$

Buyer Power

D$)$

Competitive Rivalry

E$)$

Small Market Size

F$)$

Seasonal

Question $4$

In $2024,$ Six Flags expects to cut back on the operating times of its parks where colder weather is common in winter. It expects in September to close at $8$ p$.$m$.$ and not the usual midnight closing time and to close before Thanksgiving when in the past it stayed open until mid$-$December.

In the discussion of corporate strategy in slide set $4$ and its video discussion, we go over corporate strategic alternatives. Which corporate strategic alternative is Six Flags considering?

Question $4$ options:

A$)$

Backward Vertical Integration

B$)$

Retrenchment

C$)$

Concentric Diversification

D$)$

Forward Vertical Integration

E$)$

Divestiture

F$)$

Horizontal Integration

Question $5$

For the ride industry in which Six Flags operates, large parks frequently compete on price in a market comprised of families, teens, and senior citizens. The average customer base in this market is twenty million and has grown annually on average by $50,000.$ There are about five ride manufacturers and more than $100$ theme parks. When rides must be installed, they must be installed during down time which is generally the winter months when most locations close.

In slide set $4$ and slide set $5,$ I go over the GE Matrix and discuss business strength and industry attractiveness $($also note the small corrections made on the intro to the slide set $5$ video$).$ This suggests that six flags is experiencing which positive industry factor?

Question $5$ options:

A$)$

High Market Growth

B$)$

High Market Growth and Large Market Size

C$)$

High Market Growth, Large Market Size, and Non$-$Seasonal

D$)$

High Market Growth and Non$-$Seasonal

E$)$

Non$-$Seasonal

F$)$

Large Market Size

Question $6$

In $2020,$ Six Flags, the theme park, decided to purchase $20$ drive$-$in movie theaters in hopes its brand logo would attract many of its current patrons who liked "outdoor" experiences.

In the discussion of corporate strategy in slide set $4$ and its video discussion, we go over corporate strategic alternatives. Which corporate strategic alternative did Six Flags engage in$?$

Question $6$ options:

A$)$

Horizontal Integration

B$)$

Concentric Diversification

C$)$

Forward Vertical Integration

D$)$

Backward Vertical Integration

E$)$

Retrenchment

F$)$

Divestiture

QUESTION $7($ATTACHED$)$