8/25 Class

Question 1

Homework for next time

Answer 1

Name card
Email teacher:
name: functional background
rationale: Why are you taking this course?
additional info: Busy schedule, hobbies, career interests
read chapter 1 by wednesday

Question 2

strategy

Answer 2

competitive advantage, plan of action
def: a firm’s theory about how to gain and sustain competitive advantage
text def: actions a company takes to attain & maintain superior performance through the creation & leverage of competitive advantage

Question 3

competitive advantage

Answer 3

create more economic value than rival firms

Question 4

strategic management process

Answer 4

sequential set of analyses and choices through which managers determine strategy

Question 5

why strategy matters

Answer 5

helps:
add value as a manger, entrepreneur
identify best organizations for you to join
improve investment decisions
hone analytic skills - this is only achieved through effort

Question 6

teachers expectations

Answer 6

come prepared with the chapter read before class

Question 7

class example

Answer 7

radio shack: lost profit, how can we save it?

Question 8

hp:

Answer 8

acquired compaq, then Autonamy

Question 9

textbook

Answer 9

strategic management and competitive advantage

concepts and cases 4th ed

Question 10

grade in course

Answer 10

Case Assignments 15%
Final Project 15%
Exams 50%
Quizzes 10%
Participation 10%

Question 11

final case

Answer 11

choose publicly traded company that you would like to study and prepare a strategic analysis of that company, it has to be 8-10 pages

Question 12

quiz

Answer 12

unannounced, based on material we have covered up to that point, everything should be discussed in class
will have some questions on the midterm

Question 13

cases

Answer 13

you will do the case that corresponds to the first letter of your last name, this is individual