Interview Flashcards

0
Q

Market state Properties

A
Size
Growth rate
Customer segments
Competition market shares
How does technology play a role?
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1
Q

Opening questions - why

A

Why do we want to do this?
Do we have specific objectives?
How does this fit in our overall strategy?

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2
Q

Company questions

A

Size?
Life cycle stage?
Resources available?

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3
Q

Industry questions

A
  • where is it in its Life cycle?
  • how has it performed, 1,5,10 years
  • how do we compare?
  • major players? Market shares.
  • major changes recently?
  • what drives the industry?
  • what are the margins?
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4
Q

scenario: Mergers and acquisitions

A
  1. Objectives
  2. Costs
  3. Due diligence
  4. Exit strategy
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5
Q

Scenario: enter new market

A
  1. Determine why
  2. State of market
  3. Investigate market
  4. Decision
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6
Q

Scenario: industry analysis

A
  1. Investigate the industry
  2. Suppliers - how many, product availability, what’s going on there?
  3. Future - big entrances or exits, barriers to entry, substitutes?
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7
Q

Merger/acquisition benefits

A
Market access
Diversification
Pre empt competition 
Taxes
Synergies
Shareholder value
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8
Q

Scenario: developing a new product

A

Think about:

  1. Product
  2. Market strategy
  3. Customers
  4. Financing
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9
Q

Scenario: pricing strategy

A
  1. Investigate the product
  2. Choose a pricing strategy
  3. Supply and demand
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10
Q

Pricing strategies (4)

A
  1. Competition based
  2. Cost based
  3. Price based
  4. Company objective based
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11
Q

Growth strategies

A
Increase distribution channels
Increase product line
Invest in major marketing
Diversify products and services
Acquire competitors
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12
Q

Components of a Venture capital analysis

A
Management 
Market and strategic plans
Distribution channels
Products
Customers - buzz
Finance
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13
Q

Scenario: starting a new business

A
  1. Market analysis

2. Venture capital approach

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14
Q

Scenario: competitive response

A
  1. Figure out why they are taking share

2. Choose a response

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15
Q

Competitive responses

A
  • Merge or acquisition
  • Hire leadership
  • copy
  • PR or new product
16
Q

Scenario: reducing costs

A
  1. Get breakdown of costs
  2. Investigate costs
  3. Benchmark competitors
  4. Technology solution?
17
Q

Scenario: improving bottom line

A
  1. Use e(p=r-c)m
  2. Revenue major streams and time
  3. Costs major costs and time
  4. Volume?
18
Q

Analyze revenues

A
  • major streams
  • percentage of revenue per stream
  • how have they fared over time
19
Q

Cost analysis

A
  • Major costs
  • major shifts?
  • anything out of the ordinary?
  • benchmark against comp
20
Q

E(p=r-c)m

A

Look at the economy and market before you analyze profit. Give context.