Strategy Midterm Part 1 - Introduction

What are the three things that every good strategy has?

What are the three core jobs of strategy?

How can a company create a unique and valuable position?

Some competitive activities are incompatible; thus gains in one area can be achieved only at the expense of another area.

What is "fit"? What is the benefit of having a good "fit"?

What is strategy? (Montes)

Operational Effectiveness means...

What is the issue related to operational effectiveness and the productivity frontier?

What is the issue related to operational effectiveness and the competitive landscape?

True or False: Operational effectiveness alone is sufficient to compete.

What is on the x-axis of a productivity frontier chart?

What is on the y-axis of a productivity frontier chart?

What pushes the productivity frontier outward?

True or False: Competitive positioning means choosing a unique point on the productivity frontier.

What are the three "C's" of strategy?

What is a strategic activities map?

How is a strategic activities map constructed?

What are the three key questions to ask when reviewing a Strategic Activities Map?

What are the four components of the piston chart?

True or False: Industry affiliation has a substantial impact on firm profitability.

What year does the Ducati case take place?

What is the big question the CEO is pondering in Ducati at the start of the case?

In what industry segment does Ducati compete?

Who are the largest rivals in Ducati's segment?

Where is Ducati positioned in the market?

True or False:
Ducati's source of strategic advantage is in the cost leadership and broad categories.

What were the three advantages Minoli found at Ducati?

What was the first step in Minoli's turnaround plan?

What was Minoli's plan around production?

What was Minoli's plan around marketing, sales, and distribution?

What was Minoli's plan around product development & R&D?

What was Minoli's plan around the World of Ducati?

How did Ducati's strategic position shift from 1996 to 2001?

What are the arguments for Ducati to enter the cruiser market?

What are the arguments against Ducati entering the cruiser market?

How can Ducati further increase revenues and lower costs?

Why is the motorcycle industry favorable?