10/22 Class

Question 1

external analysis
accounting ratios in strategic analysis
what makes competitive advantage costly
key elements of low cost strategy

Answer 1

know these she will stab you with a marker if you don’t

Question 2

what makes competitive advantage costly?

Answer 2

time and complexity

Question 3

corporate strategy

Answer 3

among multiple industries
objectives
internal & external analysis
strategic choice
strategy implementation
competitive advantage

Question 4

business vs corporate strategic choice

Answer 4

business level
   generic strategies
corporate level
   vertical integration
   corporate diversification
   strategic alliances
   mergers & acquisitions

Question 5

corporate level strategy

Answer 5

should create value. only makes sense if:
the value of the corporate whole increases
the combined businesses are worth more than they would be under independent ownership