The following question references the Peloton article.

The article recommends that Peloton shift its strategy to leverage a resource it has. What is that resource?

Flag question: Question $19$

Question $191$ pts

The following question references the Peloton article.

What two industries does the reporter implicitly assume that Peloton is operating in$?$

Group of answer choices

Subscription fitness and lifestyle

Influencer and marketing

Health club and exercise bike

Bikes and online classes

Flag question: Question $20$

Question $201$ pts

The following question references the Peloton article.

Peloton's online classes$/$software are a valuable, rare, and inimitable resource.

Group of answer choices

True

False

Flag question: Question $21$

Question $211$ pts

The following question references the Peloton article.

The article cites Amazon as a potential firm that may acquire Peloton. If you were advising Amazon on the potential acquisition of Peloton, and were performing an analysis of the home$-$cycling$-$as$-$fitness industry, how would you assess rivalry?

Group of answer choices

Rivalry is low because there are not many companies in this industry.

Rivalry is high because Peloton is dominant.

Rivalry is low because there are no substitutes.

Flag question: Question $22$

Question $221$ pts

The following question reference the Law Firm Dereg article.

The Bar exam that prevents non$-$lawyers from practicing law and having an ownership stake in law firms creates barriers to entry for the legal industry.

Group of answer choices

True

False

Flag question: Question $23$

Question $231$ pts

The following question references the law firm dereg article.

The de$-$regulation of the legal industry $($law firms and solo$-$practitioner lawyers$)$ that allows for non$-$lawyers to practice law in some limited scenarios, and for technologies to be used in place of lawyers in some limited scenarios, creates a higher threat of substitutes in the legal industry.

Group of answer choices

True

False

Flag question: Question $24$

Question $241$ pts

The following question references the law firm dereg article.

$$We$$ve been referred to as the Wild West, but that$$s a good thing,$$ said Porter. "Rule $5\mathrm{.}4$ for too long had been seen as a means to advance the interests of the legal industry, not the public," she said.

What Porter's Force is this quote most likely implicitly referencing?

Group of answer choices

Inimitability

Buyer Power

Supplier Power

Threat of new entrants

Flag question: Question $25$

Question $251$ pts

You work at a company whose primary product is a software program that caters to the restaurant industry by providing a basic CRM for reservations and operational logistics$.$ The software uses some predictive data analytics, but, for the most part, does not leverage genAI. According to what we have learned so far, how would you begin to think about what your company's strategy should be in the next five years?

Group of answer choices

Think about$/$map out internal and external factors that may affect the company, including potential threats to the industry $($such as genAI$)$ and company$-$specific sources of competitive advantage.

Immediately pursue sale of the company to a restaurant conglomerate.

Research genAI and abandon the current software in favor of a genAI product that uses the current best$-$in$-$class tech, no matter the cost.

Flag question: Question $26$

Question $261$ pts

What is the primary goal of internal analysis in strategic management?

Group of answer choices

To analyze the political environment in which the company operates.

To evaluate the company's past financial performance.

To understand the company's strengths and weaknesses within its operations and resources.

Flag question: Question $27$

Question $271$ pts

Netflix is facing increased competition from new streaming services, each offering exclusive content to attract subscribers. To maintain its market leadership, Netflix is considering how best to adjust its content strategy. Considering what we have learned so far $($e$.$g$.,$ about VRIO resources$)$ what strategic action should Netflix take to strengthen its competitive position in the streaming market?

Group of answer choices

ocus exclusively on licensing more third$-$party content to quickly expand its library.

Completely shift to a free, ad$-$supported streaming model to increase the subscriber base.

nvest heavily in producing high$-$quality, original content that is exclusive to Netflix, enhancing brand uniqueness and customer loyalty.