1. What is not an example of a popular business model?
2. The answer is: "Strategies that help a business achieve a competitive advantage by exploiting the company's core competencies in one or more markets or product groups." What is the question for this answer?
3. On the way to achieving competitive advantage, what two positions should a company evaluate relative to competitors, as a means of assessing what type of business strategy to develop?
4. In class, why did we consider that paper clips could be a kind of blue ocean strategy?
5. How does Jiffy corn muffin mix maintain its cost leadership strategy?
6. What causes diseconomies of scale?
7. When we consider business strategies of cost leadership and differentiation, we can add the word, "focused" to those strategies. What does this imply?
8. A blue ocean strategy goes by another name. What is that name?
9. In class, in addition to discussing how he uses experience curve effects, we discussed how Dr. Devi Shetti's Narayana Healthcare clinic realizes economies of scope. How has Dr. Devi Shetti done this?
10. How can the four questions related to business strategy be summed up?