Lec. 13: Strategy Flashcards
1
Q
What are the 5 ps of strategy?
A
- Plan
- Ploy
- Pattern
- Position
- Perspective
2
Q
What are the elements of the Strategy Diamond?
A
- Economic Logic
- Arenas
- Staging & Pacing
- Vehicles
- Differentiators
3
Q
What are the different levels of a strategy?
A
- Corporate strategy
- Business Strategy
- Functional strategy
4
Q
How do Fisher categorize products?
A
Functional products:
Life cycle > 1-2 year
Gross margin 35%
High variety
5
Q
Push/pull boundary
A
The point, above which supply is based on push, below which supply i based on pull.
6
Q
What is the difference between an integral and a modular supply chain.
A
Where the integral is based on mostly a single company producing goods, a modular is based on a network of companies working together.
