Questions from Strategic Management

Q: How was an internet startup able to disrupt the hotel industry,

How was an internet startup able to disrupt the hotel industry, long dominated by giants such as Marriott and Hilton, which took decades to become successful worldwide hospitality chains? Explain.

Q: Before you launch into a new project, job, or firm

Before you launch into a new project, job, or firm, or even before you make a change in industry in the effort to move forward in your career, always consider the trade-offs that you would and would n...

Q: Thinking about today’s business climate, would you say that now is

Thinking about today’s business climate, would you say that now is a good time to start a business? Why or why not?

Q: Do you see higher education as a benefit or detriment to becoming

Do you see higher education as a benefit or detriment to becoming a successful entrepreneur? Why?

Q: Explain how you would apply the strategic management framework to enhance your

Explain how you would apply the strategic management framework to enhance your startup’s chances to gain and sustain a competitive advantage.

Q: Using Exhibit 8.8 as a guide, list each of

Using Exhibit 8.8 as a guide, list each of your major activity areas. Think of each of these as a business. (If you are literally “all work and no play,” you are a single-business type of personal div...

Q: Do you need to make adjustments to your portfolio of activities?

Do you need to make adjustments to your portfolio of activities? Explain the reasons for your answer.

Q: Let’s consider dynamics—has your level of diversification changed over time

Let’s consider dynamics—has your level of diversification changed over time (say, over the last five years)? Looking toward the future, do you expect your level of diversification to change as you com...

Q: Create a list of up to 12 people at your university with

Create a list of up to 12 people at your university with whom you regularly communicate (in person, electronically, or both). Draw your network (place names or initials next to each node), and connect...

Q: Now compare your actual career-related network using a site such

Now compare your actual career-related network using a site such as LinkedIn. Are any of your connections linked together? With how many alumni from your university are you linked? These alumni can pr...