COMPETITIVE ADVANTAGE
A durable competitive advantage that protects a company from competitors.
What is a Moat?
Assets that can be converted to cash quickly.
What are Current Assets?
This is the national fruit of Singapore.
What is the Durian?
The percentage of total sales in a market that a company controls.
Note: This alone is NOT a sustainable competitive advantage.
What is Market Share?
Another name for total revenue at the top of the income statement.
What is Gross Revenue?
A company that looks successful but lacks a real long-term advantage.
What is a Mirage?
Money the company owes.
What are Liabilities?
This social media app popular for short videos is owned by ByteDance.
What is Tiktok?
A point in a process where work piles up and slows everything else down.
What is a Bottleneck?
Another name for the money retained at the bottom of the income statement.
What is Net Profit?
When a product becomes more valuable as more people use it.
What are Network Effects?
Non-physical assets like brands and patents.
What are Intangible Assets?
These are the official languages of Singapore.
What are English, Malay, Mandarin, and Tamil?
Coordinating the flow of goods from suppliers to producers to customers.
What is Supply Chain Management?
Ongoing costs like rent, marketing, and salaries.
What are Operating Expenses (OpEx)?
When it is hard or costly for customers to change to a competitor.
What are Switching Costs?
These are costs incurred but not yet billed.
What are Accrued Expenses?
This is Singapore's tallest building.
What is Guoco Tower?
The largest possible market for a product.
Total Addressable Market (TAM).
Non-variable costs like rent, electrical bills, insurance, and property taxes.
What are Fixed Costs?
2 examples of Intangibles.
Competitive advantages like patents, copyrights, trademarks, or government approvals.
A situation where a company’s liabilities are greater than its assets.
What is Insolvency?
How many Cars are there in Singapore?
Market Size (I'll give you 3 minutes to estimate).
~660,000
There 7 major industries. Name 5.
Education, Government, Consumer Products, Energy/Resource/Industrial, Tech/Media/Telecom, Individuals/Non-profits, Healthcare/Life Sciences.
Costs directly tied to producing goods.
What is Cost of Goods Sold (COGS)?