Exam 2: Strategy and Technology: Concepts and Frameworks for Understanding What Separates Winners From Losers

_____ refers to performing different tasks than rivals or the same tasks in a different way.

TiVo had been shifting its business away from hardware toward licensing software to cable firms when it was required by TV guide firm, ________________ (which renamed itself with the better-known TiVo name after the acquisition).

In _____, the light inside fiber is split into different signal-carrying wavelengths in a way similar to how a prism splits light into different colors.

Sometimes technology can sound geeky and so technical that executives might think that it doesn't require managerial or investor attention. However many investing in the telecom sector suffered from a lack of insight on how a key technology was impacting their industry. Telecom firms failed to anticipate the impact of a technology known as ____________, which enabled existing fiber to carry more transmissions than ever before.

Diagram and label all components in the Porter Five Forces model (also known as the Industry and Competitive Analysis model)? Easy

Apple's dominance of smartphone and tablet markets has allowed the firm to lock up 60 percent of the world's supply of advanced touch-screen displays, and to do so with better pricing than would be available to smaller rivals. This is an example of:

A strong brand can be an exceptionally powerful resource for competitive advantage by lowering ________, proxying _____ and inspiring _____.

Network externalities exist when a product or service becomes less expensive as more people use it.

The set of activities through which a product or service is created and delivered to customers is known as a(n) _____.

The resource-based view of competitive advantage states that for a firm to maintain sustainable competitive advantage it must control a set of exploitable resources that have four critical characteristics. What are these characteristics?

Relate your understanding of the Porter's Five Forces model to describe how the Internet affects the bargaining power of buyers and sellers according to whether offers commodity or differentiated products.

Which of the following is not highlighted as a source of switching costs?

Which of the following is a source of bargaining power of buyers?

_____ are products or services that are nearly identically offered from multiple vendors.

List the various components of a value chain and give a brief description of each of them.

Discuss the roll of timing and technology as it relates to competitive advantage.

If a firm's goods are highly differentiated, the Internet typically lessens the firm's bargaining power as a supplier.

Timing and technology alone will not yield sustainable competitive advantage.

_____, also known as the Industry and Competitive Analysis, is a popular framework for examining a firm's competitive environment.