Exam 16: Strategic Elements of Competitive Advantage

According to strategy expert Richard D'Aveni,the actions taken by Swatch in the global watch industry illustrate hypercompetitive dynamic maneuvering in which arena?

The ________ framework was developed by Professor Richard D'Aveni to describe a business environment in which no form of competitive advantage can be sustained for long because of escalating and accelerating competitive forces.

In the case of Volkswagen,dealers are its key consumers while individual car buyers are its key consumers.

The "layers of advantage" approach to global competitive innovation is based on using know-how developed by other companies.

It is the number of domestic rivals,intensity of the completion as well as the quality of the competitors that make the difference.

What are demand conditions? Why is the nature of home demand conditions for the firm's or industry's products and services important?

Explain the reasons behind the failure of the visionary strategy of Volkswagen from becoming the number one automaker in the world.

According to Michael Porter's research on the competitive advantage of nations,Switzerland's large synthetic dye industry and the success of the Swiss pharmaceuticals can be explained in terms of:

Hundreds of small companies such as Martin-Logan and Mark Levinson compete in the high-end audiophile segment of the consumer electronics industry.If analyzed in terms of Porter's generic strategies framework,such companies might be said to be pursuing competitive advantage via:

Describe how competitive advantage can be created via strategic intent,giving examples of successful approaches of competitors.

Mitsubishi Heavy Industries Ltd.and other Japanese companies manufacture airplanes under license to U.S.firms and also work as subcontractors for aircraft parts and systems.This type of effort is known as:

In addition to the five forces model of industry competition,Michael Porter has developed a framework of so-called generic business strategies.Explain these generic strategies,describing their aims and application.

Which of the following is not identified by Porter as one of the five forces that explains competition in an industry?

Del Vecchio,the Italian entrepreneur's business principles include all but one of the following:

In Michael Porter's model,"buyers" refers to manufacturers (e.g. ,GM)and retailers (e.g.Walmart),rather than consumers.

Suppose you are a sales representative for Advanced Micro Devices (AMD)in Japan.You are trying to convince Toshiba to buy your company's superfast Opteron microprocessor for its new laptop computer.Toshiba's representative seems interested,but finally does not place an order.Confidentially,the representative tells you that he is afraid that Intel will withhold shipments of its Pentium 4 if he does business with AMD.Thinking about Intel's role in this scenario,which of the following elements of the five forces model is evident here?

In the global watch industry,the success of the Swatch brand resulted in a manufacturing renaissance for Switzerland.In the strategic framework known as hypercompetition,Swatch's success is an example of interactions in which arena?

Intel's loose brick was:

Michael E.Porter,a leading theorist of competitive strategy,developed a five forces model to explain competition in an industry.List these forces and describe the impact of the threat of new entrants.

Which of the following is not an element of Rugman and D'Cruz's flagship model?