What did British Airways do when Ryanair opened the London-Dublin route?

They retaliated: they sent a signal to Ryanair and potential competitors

Which one is an correct Opportunity for Capchase as per the SWOT definition?

Companies are getting more comfortable operating with new fintech startups

What is the correct way of thinking about the Business Model Canvas?

First Customer Segments, then Value Prop, Customer Relations, Channels...

How low could have British Airways gone in their retaliation strategy without losing money in each additional passenger?

As low as British Airways' marginal cost

What would be a correct Opportunity in a SWOT for Viagra (Pfizer)?

The average age of the sexually active population is growing every year

What does Ryanair want to achieve in the future?

Become a platform where everything travel happens

Choose which one is NOT correct

The industry a company operates in does not affect their profitability much

Choose the correct statement

A strategy must consider internal company aspects but also external ones

Why could not Sony and Microsoft compete with Nintendo with the Wii?

Both Red and Yellow are correct

What is a Nash Equilibrium?

Point where players have chosen the best possible strategy for themselves

What is NOT Strategy?

Performing similar activities better than rivals do

Payoffs do not need to be always financial payoffs

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Competitive Strategy Recap

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Questions 15

Answers

1
What did British Airways do when Ryanair opened the London-Dublin route?
They accommodated: they did not want to enter a price war impacting profits
They retaliated: they sent a signal to Ryanair and potential competitors
They accommodated: Ryanair was a small player and would not be a problem
They retaliated: Ryanair is Irish and the UK Government did not like it
2
Which one is an correct Opportunity for Capchase as per the SWOT definition?
Capchase can open up new market geographies to expand their footprint
Companies are getting more comfortable operating with new fintech startups
Capchase have a massive roadmap of fintech products they can develop
Capchase can do a partnership with a major bank in the US
3
What is the correct way of thinking about the Business Model Canvas?
First Value Prop, then Customer Segments, Customer Relations, Channels...
First Key Partnerships, then Customer Segments, VP, Channels...
First Revenue Streams, then Customer Segments, Value Prop, Channels...
First Customer Segments, then Value Prop, Customer Relations, Channels...
4
What is Disney's main competitive advantage?
The amount of cash that they have to invest and do M&A
Their characters
Their theme parks
Their history
5
How low could have British Airways gone in their retaliation strategy without losing money in each additional passenger?
As low as Ryanair's average passenger cost
As low as Ryanair's entry fare
As low as British Airways' marginal cost
As low as Ryanair's marginal cost
6
One of these is NOT a source of Wal-Mart's competitive advantage since the beginning. Which?
Their small town rural strategy
Their strong culture
Their tech-enabled distribution network
Their massive footprint
7
What would be a correct Opportunity in a SWOT for Viagra (Pfizer)?
The average age of the sexually active population is growing every year
Do a partnership with Durex and Control to do cross-sales
License the patent to other manufacturers to increase output
Increase sales by developing new formats (gel, spray, syrup...)
8
What does Ryanair want to achieve in the future?
Become the largest travel operator in the world (owning hotels, trains...)
Become a platform where everything travel happens
Become a transatlantic flight operator
Become the largest airline in the world
9
Choose which one is NOT correct
Some outliers in each industry might be super profitable vs their peers
The industry a company operates in does not affect their profitability much
40-60% of a company's profitability depends on the industry they operate in
Airlines are a disastrous business in general
10
Choose the correct statement
Porter's 5 forces are the only external aspects to consider in a strategy
Of the business model building blocks, the VP is the most important one
A company's buiness model is equal to their strategy
A strategy must consider internal company aspects but also external ones
11
Why could not Sony and Microsoft compete with Nintendo with the Wii?
Because their innovation was mostly focused on more powerful machines
Both Red and Yellow are correct
Because they did not have enough financial resources
Because their target customer was a different one
12
What is a Nash Equilibrium?
Point that represents the global optimal equilibrium in a Game Theory game
Point in which players have the highest payoffs
Point where players have chosen the best possible strategy for themselves
Point in which players have the lowest payoffs
13
What is NOT Strategy?
Creating fit among a company's activities
Performing similar activities better than rivals do
The creation of a unique and valuable position
Making tradeoffs in competing
14
Which one is NOT one of Porter's 5 forces?
Potential entrants
Complements
Substitutes
Suppliers
15
Which one is true?
Game theory is always accurate when predicting players behaviors
Payoffs do not need to be always financial payoffs
Company executives are trained and do not have biases when competing
Companies and executives are always rational when making decisions

Competitive Strategy Recap Flashcards | StudBud