What is Strategy
External Analysis
Internal Analysis
Business Strategy
Hodgepodge
100
  • This model links three interdependent strategic management tasks together to help managers plan and implement a strategy to improve performance and result in competitive advantage. 

What is AFI Framework?

Analyze, Formulate, Implement

100

What are the Five Forces that predict a company’s performance?

What Are

  • Threat of new entrants
  • Bargaining Power of Buyers
  • Threat of substitute products or services
  • Bargaining Power of Suppliers
100

These are unique strengths embedded deep within a company that allow it to differentiate itself from rivals.

What are Core Competencies?

100

This business strategy is the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand.

What is Blue Ocean?

100

Who did Gonzaga men's basketball beat in this week's game?

Who is Northern Illinois Huskies?

200

This company posted its first master plan on an online blog saying exactly how they would gain competitive advantage.

Who is Tesla?

200

This model groups environmental factors into six segments

What is the PESTEL Model

200

These types of resources have physical attributes and are visible.

Tangible

200

Differentiation and Cost Leadership are two types of what _________ business strategies.

What is Generic?

200

Where does Brent Potts live now?

Where is Hayden Lake, Idaho?

300

What year did the Tesla post their second master plan?

What is 2016?

300

A company or firm’s ability to Create Value for customers(V), while containing costs(C) is called:

Strategic Positioning

300

This company leveraged and grew its brand to have an almost seven times higher value in intangible assets than Alphabet’s Tangible assets of $59 million.

Who is Apple?
300

This company focused on lowering operating costs while simultaneously driving up perceived customer value in its service offerings.

Who is Jet Blue?

300

This football announcer is responsible for making the turducken famous?

Who is John Madden?
400

A good strategy is based on 3 elements, what are they in order?

What Are

Diagnoses of the competitive challenge

Guiding policy to address the competitive challenge

Set of coherent actions to implement the guiding policy.

400

The risk that potential competitors will enter an industry is which Force?

What is Threat of Entry?

400

What does VRIO stand for?

What is Valuable, Rare, Costly to Imitate, Organized to capture value?

400

This educational arc that was first observed in aircraft manufacturing is called what in chapter 6?

What is Learning Curve?

400

The name of Whitworth's current mascot

Who is Captain Patches?

500

In the What Strategy Is Not category – What would these be called? “We will be number 1”, or “We will win.”

What are Grandiose Statements?

500

These PESTEL factor address the relationship between organizations and broad environmental issues.

What are Ecological Factors?

500

The internal activities a company engages in when transforming inputs into outputs:

What is Value Chain?

500

This company implemented Blue Ocean Strategy to redefine a worn out entertainment channel that uses tents, animals and clowns.

Who is Cirque du Soleil

500

What is the exact month, day and year that Tesla posted its Master Plan Part Deux?

What is July 20, 2016

600

What is the term for Superior Performance relative to other competitors in the same industry of the industry average?

What is Competitive Advantage?

600

What kind of business platform did Brent Potts say Airbnb operates on?

What is Two Sided?

600

According to Brian Chesky, what is Airbnb’s mission?

What is an End to End travel app for the global community?

600

The __________, is the basic component of the strategy canvas.

What is the Value Curve?

600

Pumpkin or Apple pie?

What is either answer will work?

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