Exam 6: Strategy Formulation: Situation Analysis and Business Strategy

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Orphagenix, a small biotech firm, avoids head-to-head competition with large pharmaceutical companies by developing orphan drugs to target diseases that affect fewer than 200,000 people.This is an example of which of Porter's generic strategies?

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The strategic rollup was developed in the mid-1990s as an efficient way to quickly consolidate a fragmented industry with the resulting large firm creating economies of scale.

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Which of the following is NOT one of the eight dimensions of quality?

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The first company to manufacture and sell a new product or service is called the ground breaker.

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What are the types of alliances that business can engage in?

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Discuss offensive tactics and defensive tactics.

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Explain the four combination strategies that may be generated from the TOWS Matrix.

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When Kimberly-Clark introduced Huggies disposable diapers against Procter & Gamble's market leading Pampers, they were using the offensive tactic known as a(n)

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An acronym for the assessment of the external and internal environments of the business corporation in the process of strategy formulation/strategic planning is

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The book Hypercompetition was written by

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In a TOWS Matrix, ST Strategies

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When AMD went after Intel's microprocessor business by developing low priced chips to go after the customers Intel didn't mind losing, it was using a frontal attack.

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Patagonia uses sustainability in pursuing which of Porter's generic strategies?

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Too much partnering experience with the same strategic partners generates diminishing returns over time and leads to reduced performance.

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Which strategy has been used successfully by Yum! Brands to establish KFC and Pizza Hut restaurants across the globe?

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One company that has successfully found a propitious niche is Frank J.Zamboni & Company, the manufacturer of the machines that smooth the ice at ice skating rinks.

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What are timing tactics?

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The two general types of cooperative strategies are

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According to Porter, a business unit in a competitive marketplace with no generic competitive strategy is

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In a TOWS Matrix, SO Strategies

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