Questions from Strategic Management

Q: The Business Roundtable has recommended that the CEO should not also serve

The Business Roundtable has recommended that the CEO should not also serve as the chairman of the board. Discuss the disadvantages for building a sustainable competitive advantage if the two positions...

Q: BP’s experience in the Gulf of Mexico has made it the poster

BP’s experience in the Gulf of Mexico has made it the poster company for how not to manage stakeholder relationships effectively (see Strategy Highlight 1.2). What advice would you give to BP’s manage...

Q: As noted in the chapter, research found that firm effects are

As noted in the chapter, research found that firm effects are more important than industry effects. What does this mean? Can you think of situations where this might not be true? Explain.

Q: How do mobility barriers affect the structure of an industry? How

How do mobility barriers affect the structure of an industry? How do they help us explain firm differences in performance?

Q: Select an industry and consider how the industry life cycle has affected

Select an industry and consider how the industry life cycle has affected business strategy forthe firms in that industry over time. Detail your answer based on each stage: introduction, growth, shakeo...

Q: Describe a firm you think has been highly innovative. Which of

Describe a firm you think has been highly innovative. Which of the four types of innovation—radical, incremental, disruptive, or architectural—did it use? Did the firm use different types over time?

Q: The chapter discussed the Internet as a disruptive innovation that has facilitated

The chapter discussed the Internet as a disruptive innovation that has facilitated online retailing. It also, however, has presented challenges to brick and- mortar retailers. How might retailers such...

Q: Much has been said about competitive advantage gained from innovations such as

Much has been said about competitive advantage gained from innovations such as the Internet, high-technology gadgets, and apps. The chapter points out, however, that low-technology innovations such as...

Q: Domino’s Pizza has been in business over 50 years and claimed to

Domino’s Pizza has been in business over 50 years and claimed to be “#1 Worldwide in Pizza Delivery” in 2013. Visit the company’s business-related website (www.dominosbiz.com) and read the company pro...

Q: For many people, the shareholder perspective is perhaps the most familiar

For many people, the shareholder perspective is perhaps the most familiar measure of competitive advantage for publicly traded firms. What are some of the disadvantages of using shareholder value as t...