Positioning
Unique Activities
Sustainable Strategic Positioning
Fit
Rediscovering
Strategy
100
A main problem is that companies fail to distinguish between.
What is operational effectiveness and strategy?
100
Jiffy Lube employs this type of positioning.
What is variety-based?
100
This creates the need for choice and to protect against repositioners and straddlers.
What are trade-offs?
100
Fit drives these two factors.
What are Competitive Advantage and Sustainability?
100
Managers sometimes become confused about the necessity of...
What are making choices?
200
This means performing different activities from rivals’ or performing similar activities in different ways
What is strategic positioning?
200
Give an example of access-based positioning.
What is targeting rural vs. urban based customers?
200
When do false trade-offs between cost and quality occur?
When there is redundant or wasted effort, poor control or accuracy, or weak coordination.
200
Name the three types of fit.
What are simple consistency, activities are reinforcing, optimization of effort?
200
This imperative is hazardous to strategy.
What is growth?
300
This means performing similar activities better than rivals perform them
What is operational effectiveness?
300
Why is a unique position not enough to guarantee a sustainable advantage?
What is a valuable position will attract imitation?
300
This paint brand likely covers Dr. Maddux's walls.
What is Benjamin Moore?
300
This is one of the oldest ideas in strategy?
What is fit?
300
This is a function of leadership.
What are setting limits?
400
Why is constant improvement in operational effectiveness usually insufficient to achieve superior profitability.
What is quick imitation by competitors?
400
Positioning requires a tailored set of activities because it is always a function of differences on...
What is the supply side, that is, of differences in activities?
400
This is "the essence" of strategy according to the article.
What is choosing what not to do?
400
True or False: Fit means that poor performance in one activity will degrade the performance in others
True
400
Benjamin Moore paint appeared on this TV series.
What is Desperate Housewives?
500
Competing based on OE leads to...
What is mutual destruction and industry consolidation through mergers.
500
This is creating fit among a company’s activities.
What is strategy?
500
Trade-offs may arise due to these three reasons.
What are inconsistencies in image or reputation, activities themselves, limits on internal coordination and control?
500
This man appeared with Dr. Maddux in a picture.
Who is Warren Buffett?
500
When would a company be forced to change its strategy?
When there are major structural changes in the industry.
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