Q1. Recognize a firm’s resources and capabilities and describe their role in its performance.
Q2. Define the term dynamic capabilities and describe their role in both the strategic change and a firm’s performance.
Q3. Describe how value chain actions are associated to firm performance and competitive benefit?
Q4. Describe the responsibility of managers with respect to the resources, capabilities and value chain activities?
Q5. Recognize the main features of an industry and the forces which influence industry profitability.
Q6. Explain the driver’s low-cost, differentiation and focus strategic positions?
Q7. Illustrate how various positions fit with different phases of the industry life cycle.
Q8. Assess the benefits and demerits of selecting a first-mover strategy.
Q9. Examine and develop strategies for the technological discontinuities.
Q10. Examine and develop the strategies for high-speed environmental modification.