External Consistency
Tool to understand a competitor's broader context and likelihood of retaliation
What is competitor analysis
Tool to summarize a firm's distinct value proposition
What is a value map
Industry stage at which category-building dominates
What is ferment
Squeezed by exclusive contracts and threat of forward integration
What are bottlers
Restricting blood flow to the carotid arteries
What is a chokehold
5.5
What is the approximate number of forces shaping a firm's power in its industry
Creating a wider wedge between willingness to pay and willingness to sell
What is value creation
Rate determining firm's lead in the takeoff phase
What is a learning curve
Series of sodium alumina flouride containers lined with carbon blocks
What is a potline
11:30am
What is the time by which all the za'atar bagels run out
Optimal action regardless of what a competitor does
What is a dominant strategy
Level at which relative cost analysis is performed to determine competitive advantage
What is a transaction
Firms want to respond but don't know how
What is inspiration
14-seat turboprop
What is the Waterford-London service
Finding a positively interacting set of choices, beliefs and people
What is living your best life
A strategic move must possess this quality to effectively influence a competitor’s actions
What is credibilty
These create peaks and troughs between different sets of choices
What are positive and negative interdependencies
These create a fundamental conflict between a firm's activities
What is exploration and exploitation
Brick molding tolerance
What is 2 microns
Changing many things at once
What is having the courage to find another peak
Costs that vary with the unit of production versus costs that reflect the firm's current state of operation
What is the difference between fixed/variable costs and sunk/non-sunk costs
Coase, Williamson, Ostrom, Hart, Holmstrom
What is nobel prize winning work on whether to transact inside our outside the firm
6
What is the number innovation types Prof Fu has mentioned
Who is Terk
Being willing to tear down your peak in search of a better one
What is knowing who you are across the base of every peak