Viva Question

1. Define five generic competitive strategies?

2. What are the approaches to securing cost advantage?
3. What are the actions plans to develop cost efficiency?
4. What do you understand by cost driver and operational cost?
5. What are the strategies cost driver and operational cost?
6. When does a low-cost strategy work best?
7. Define differentiation?
8. What are the benefits of successful differentiation?
9. Where to find different opportunities in value chain?
10.What are the approaches of differentiation?
11.What are the pitfalls of differentiation strategies?
12.When does a best cost provider strategy work best?
13. Approaches to defining market niche?
14.What makes a niche market attractive?
15.What are the potential benefits of alliance to achieve global and industry
leadership?
16.Why alliances fail?
17.If suppliers have sizeable profit margin what would be strategy decision?
18.What is the forward integration?
19. When does outsourcing make strategy decision?
20.Types of offensive strategy?
21.What are the approaches defensive strategies?
22.Differentiate crafting strategy and executing strategy?
23.How can you distinguish executing strategy?
24.What are the three components of building an organization capable of proficient
strategy executing?
25.How to strutting the work effort to promote successful strategy executing?
26.What do you understand by strategy fit?
27.What are the significant of GE nine cell matrixes and BCG matrix?
28. What do you understand by BCG matrix?
29.What is related diversification?
30. What is unrelated diversification?