10 Questions
Game theory encourages managers to get in the mind of ______ and think forwards and reason backwards.
competitors
A business model describes the ______ of an enterprise including the domains of value creation, value configuration and value capture.
business logic
[Blank] platforms bring together two or more distinct, but interdependent groups of participants to create value on a platform.
Multi-sided
The focus of part II is on ______ choices.
strategic
How organisations relate to ______ in terms of their competitive business strategies.
competitors
How broad and diverse organisations should be in terms of their ______ portfolios.
corporate
How organisations are ______ and innovative.
creative
How organisations pursue strategies through ______ development, acquisitions or strategic alliances.
organic
Assess business strategy in terms of the ______ strategies of cost leadership, differentiation, focus and hybrid strategy.
generic
Identify business strategies suited to ______ conditions.
hypercompetitive
Test your understanding of business strategy concepts, including generic strategies, game theory, and business model components. Apply your knowledge of cost leadership, differentiation, and hybrid strategies to real-world scenarios. Assess the competition and cooperation strategies in business and identify the key components of a successful business model.
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