Questions from Fundamentals of Strategy

Q: If you were the head of a traditional taxi company: how

If you were the head of a traditional taxi company: how could you change your business model to compete with Uber?

Q: Identify where (in their value system) and how IKEA have

Identify where (in their value system) and how IKEA have achieved cost leadership.

Q: Identify how IKEA have achieved differentiation from their competitors.

Identify how IKEA have achieved differentiation from their competitors.

Q: Explain how IKEA tries to ensure that their ‘hybrid’ strategy remains

Explain how IKEA tries to ensure that their ‘hybrid’ strategy remains sustainable and does not become ‘stuck-in-the-middle’.

Q: How would you explain IKEA’s business model in terms of value creation

How would you explain IKEA’s business model in terms of value creation, configuration and capture?

Q: In terms of Figure 9.6, what type of change

In terms of Figure 9.6, what type of change is being undertaken in 2018? What kind of leadership style would you suggest is most relevant for this change?

Q: What type of competitive strategy, low-cost, differentiation,

What type of competitive strategy, low-cost, differentiation, focus or hybrid would you suggest as a way of competing with Vanguard?

Q: Using webcam chats is one approach to lower costs in financial advisory

Using webcam chats is one approach to lower costs in financial advisory services as indicated above. What other ways could there be to lower costs to support a low-cost strategy in this area?

Q: Rank the elements of Passey’s strategy for Volvo in order of importance

Rank the elements of Passey’s strategy for Volvo in order of importance. Could any have been dispensed with?

Q: What parenting advantages did McDonald’s perceive it might bring to Chipotle?

What parenting advantages did McDonald’s perceive it might bring to Chipotle?