Questions from Strategic Management

Q: What is a business-level strategy?

What is a business-level strategy?

Q: What are strategic competitiveness, strategy, competitive advantage, above-

What are strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process?

Q: What is the relationship between a firm’s customers and its business-

What is the relationship between a firm’s customers and its business-level strategy in terms of who, what, and how? Why is this relationship important?

Q: What is a business model and how do business models differ from

What is a business model and how do business models differ from business-level strategies?

Q: What are the differences among the cost leadership, differentiation, focused

What are the differences among the cost leadership, differentiation, focused cost leadership, focused differentiation, and integrated cost leadership/differentiation business-level strategies?

Q: How can firms use each of the business-level strategies to

How can firms use each of the business-level strategies to position themselves favorably relative to the five forces of competition?

Q: What are the specific risks associated with using each business-level

What are the specific risks associated with using each business-level strategy?

Q: What competitive advantage or competitive advantages do you believe Starbucks seeks to

What competitive advantage or competitive advantages do you believe Starbucks seeks to establish? What are the main challenges the firm faces as it tries to maintain the advantage or advantages you id...

Q: Identify three or four capabilities you believe Starbucks possesses. Of these

Identify three or four capabilities you believe Starbucks possesses. Of these, are any a core competence? If so, explain your reasoning.

Q: Starbucks’s mission is “To inspire and nurture the human spirit—

Starbucks’s mission is “To inspire and nurture the human spirit—one person, one cup and one neighborhood at a time.” What actions do you recommend the firm take to reach this mission?