Questions from Strategic Management

Q: Is McDonald’s pursuing a low cost strategy, or a differentiation strategy

Is McDonald’s pursuing a low cost strategy, or a differentiation strategy?

Q: How would you design a structure and control system to encourage entrepreneurship

How would you design a structure and control system to encourage entrepreneurship in a large, established corporation?

Q: Why did McDonald’s start to lose its competitive advantage in the 2000s

Why did McDonald’s start to lose its competitive advantage in the 2000s? What did it do to halt the erosion in its competitive position? What does this teach you about the sustainability of competitiv...

Q: How important are efficiency, quality, customer responsiveness, and innovation

How important are efficiency, quality, customer responsiveness, and innovation to McDonald’s competitive position?

Q: When would a company choose a matrix structure? What are the

When would a company choose a matrix structure? What are the problems associated with managing this structure, and why might a product- team structure be preferable?

Q: When is a company’s competitive advantage most likely to endure over time

When is a company’s competitive advantage most likely to endure over time?

Q: It is possible for a company to be the lowest-cost

It is possible for a company to be the lowest-cost producer in its industry and simultaneously have an output that is the most valued by customers. Discuss this statement.

Q: Why is it important to understand the drivers of profitability, as

Why is it important to understand the drivers of profitability, as measured by the return on invested capital?

Q: Which is more important in explaining the success and failure of companies

Which is more important in explaining the success and failure of companies: strategizing or luck?

Q: What are the primary implications of the material discussed in this chapter

What are the primary implications of the material discussed in this chapter for strategy formulation?