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Questions and Answers
What are some obstacles to exploiting 'Scale' and 'Scope' according to the text?
What are some obstacles to exploiting 'Scale' and 'Scope' according to the text?
Which of the following is NOT an obstacle mentioned in the text to exploiting 'Scale' and 'Scope'?
Which of the following is NOT an obstacle mentioned in the text to exploiting 'Scale' and 'Scope'?
What type of integration does McDonald's exemplify in the text?
What type of integration does McDonald's exemplify in the text?
Which term refers to the challenges associated with introducing new processes according to the text?
Which term refers to the challenges associated with introducing new processes according to the text?
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What is one of the problems concerning 'RELATEDNESS' mentioned in the text?
What is one of the problems concerning 'RELATEDNESS' mentioned in the text?
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What is NOT considered a primary activity in the extended model of the value chain?
What is NOT considered a primary activity in the extended model of the value chain?
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Which function is responsible for R&D and product/process improvement in the extended value chain model?
Which function is responsible for R&D and product/process improvement in the extended value chain model?
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In the value chain, which activity is NOT part of operations?
In the value chain, which activity is NOT part of operations?
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What is the main focus of Procurement in the value chain?
What is the main focus of Procurement in the value chain?
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Which area is NOT directly related to Outbound Logistics in the value chain?
Which area is NOT directly related to Outbound Logistics in the value chain?
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What is the purpose of dividing a firm's activities into discrete processes through the value chain analysis?
What is the purpose of dividing a firm's activities into discrete processes through the value chain analysis?
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In a Corporate Value Chain Analysis, how is an organization or corporation viewed?
In a Corporate Value Chain Analysis, how is an organization or corporation viewed?
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What does 'Added value' refer to in the context of industry value chain analysis?
What does 'Added value' refer to in the context of industry value chain analysis?
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What does downstream value chain refer to in the context of value chain analysis?
What does downstream value chain refer to in the context of value chain analysis?
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Which unit of observation is considered in Industry Value Chain Analysis?
Which unit of observation is considered in Industry Value Chain Analysis?
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Which of the following corporate expansion alternatives involves acquiring new companies in similar industries or markets?
Which of the following corporate expansion alternatives involves acquiring new companies in similar industries or markets?
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What is a key characteristic of vertical integration as a corporate expansion alternative?
What is a key characteristic of vertical integration as a corporate expansion alternative?
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Which company's expansion strategy example involves backward integration into multimedia and overseas markets?
Which company's expansion strategy example involves backward integration into multimedia and overseas markets?
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In the context of corporate scope, What does Ansoff's Product/Market framework focus on?
In the context of corporate scope, What does Ansoff's Product/Market framework focus on?
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What is an example of P&G's diversification strategy from the provided text?
What is an example of P&G's diversification strategy from the provided text?
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What is the main difference between Integration and Diversification in the context of corporate strategy?
What is the main difference between Integration and Diversification in the context of corporate strategy?
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What is a key decision that management needs to make regarding Diversification?
What is a key decision that management needs to make regarding Diversification?
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In the context of Corporate Strategy, what does Vertical Integration primarily aim to achieve?
In the context of Corporate Strategy, what does Vertical Integration primarily aim to achieve?
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How does 'Related' Diversification differ from 'Unrelated' Diversification?
How does 'Related' Diversification differ from 'Unrelated' Diversification?
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What is a fundamental question related to the degree of Vertical Integration that management must address?
What is a fundamental question related to the degree of Vertical Integration that management must address?
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What is the main reason for Apple's aim to produce its own chips?
What is the main reason for Apple's aim to produce its own chips?
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In the context of corporate strategy, what does the term 'vertical integration' refer to?
In the context of corporate strategy, what does the term 'vertical integration' refer to?
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How does a corporation benefit from identifying potential synergies between different product lines and businesses?
How does a corporation benefit from identifying potential synergies between different product lines and businesses?
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What is a key consideration when exploring the value chain for every product in reference to activities?
What is a key consideration when exploring the value chain for every product in reference to activities?
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How does vertical integration contribute to corporate strategy?
How does vertical integration contribute to corporate strategy?
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What are the three dimensions of scope discussed in the text?
What are the three dimensions of scope discussed in the text?
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In what way has Disney applied economies of scale?
In what way has Disney applied economies of scale?
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Which of the following represents an example of vertical integration in Disney's operations?
Which of the following represents an example of vertical integration in Disney's operations?
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What is a key advantage associated with economies of scale?
What is a key advantage associated with economies of scale?
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Which problem area can arise from utilizing scale and scope economies?
Which problem area can arise from utilizing scale and scope economies?
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How can Disney benefit from geographic diversification?
How can Disney benefit from geographic diversification?
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What is a distinguishing feature of economies of scope compared to economies of scale?
What is a distinguishing feature of economies of scope compared to economies of scale?
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Which type of corporate strategy involves expanding operations to cover multiple stages of the value chain?
Which type of corporate strategy involves expanding operations to cover multiple stages of the value chain?
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What does 'economies of scale' refer to in the context of corporate strategy?
What does 'economies of scale' refer to in the context of corporate strategy?
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How can a company leverage economies of scope to gain a competitive advantage?
How can a company leverage economies of scope to gain a competitive advantage?
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Economies of Scope exist when it is less costly to combine two or more product lines in one firm than to produce them ______
Economies of Scope exist when it is less costly to combine two or more product lines in one firm than to produce them ______
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If economies of scope exist, corporations attempt to increase their variety of ______
If economies of scope exist, corporations attempt to increase their variety of ______
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To exploit economies of scope, a firm must 'leverage competencies' or 'compete on ______'
To exploit economies of scope, a firm must 'leverage competencies' or 'compete on ______'
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Economies of Scope are not only related to the physical production process but also to observable ______ resources
Economies of Scope are not only related to the physical production process but also to observable ______ resources
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When savings can be achieved through the production and sale of many products across functions or units, it is referred to as ______
When savings can be achieved through the production and sale of many products across functions or units, it is referred to as ______
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Formal representation of economies of scope: C(x+y) < C(x) + C(y). This equation indicates that combining products costs less than producing them ______
Formal representation of economies of scope: C(x+y) < C(x) + C(y). This equation indicates that combining products costs less than producing them ______
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Economies of scope are also known as 'joint production ______'
Economies of scope are also known as 'joint production ______'
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Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 1 Discussion Disney Case Question 1: Make an example for each dimension of scope (vertical integration, geographical direction and product/market) based on ________.
Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 1 Discussion Disney Case Question 1: Make an example for each dimension of scope (vertical integration, geographical direction and product/market) based on ________.
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Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 2 Discussion Disney Case Question 2: How or where do you think Disney has applied economies of ________?
Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 2 Discussion Disney Case Question 2: How or where do you think Disney has applied economies of ________?
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Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 5 Chapter 3: Scale and Scope Within an Industry Learning Goals: Examine the dimensions of ________. Understand the meaning of economies of scale and scope. Recognize problem areas that arise from the use of scale and scope economies.
Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 5 Chapter 3: Scale and Scope Within an Industry Learning Goals: Examine the dimensions of ________. Understand the meaning of economies of scale and scope. Recognize problem areas that arise from the use of scale and scope economies.
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Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 6 Chapter 3: Contents Introduction Dimensions of Corporate Scope Economies of ________ (Size/Market Share, Efficiency) EoS vs.
Session 3: Scale and Scope within an Industry Prof.Dr.Artur Baldauf © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 6 Chapter 3: Contents Introduction Dimensions of Corporate Scope Economies of ________ (Size/Market Share, Efficiency) EoS vs.
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In the value chain, which activity is NOT part of ________?
In the value chain, which activity is NOT part of ________?
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What is a key advantage associated with economies of ________?
What is a key advantage associated with economies of ________?
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How can a company leverage economies of ________ to gain a competitive advantage?
How can a company leverage economies of ________ to gain a competitive advantage?
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In the Value Chain analysis, Firm Infrastructure includes general management, accounting, finance, and __________ planning
In the Value Chain analysis, Firm Infrastructure includes general management, accounting, finance, and __________ planning
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Human Resource Management involves recruiting, training, and __________
Human Resource Management involves recruiting, training, and __________
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Technology Development focuses on R&D and product/process __________
Technology Development focuses on R&D and product/process __________
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Procurement includes purchasing of raw materials, machines, and __________
Procurement includes purchasing of raw materials, machines, and __________
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Inbound Logistics involves operations like machining, handling, and __________
Inbound Logistics involves operations like machining, handling, and __________
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Outbound Logistics and Marketing & Sales are part of the __________ activities
Outbound Logistics and Marketing & Sales are part of the __________ activities
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Extended Model of the Value Chain includes support activities like Technology Development and __________
Extended Model of the Value Chain includes support activities like Technology Development and __________
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Marketing Management, Operations, and Advertising are part of the primary activities in the __________ model
Marketing Management, Operations, and Advertising are part of the primary activities in the __________ model
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Sales Force and Admin are part of the __________ activities in the Value Chain
Sales Force and Admin are part of the __________ activities in the Value Chain
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Service activities include installation, repair, and providing __________
Service activities include installation, repair, and providing __________
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Demand for ??______ Integration forwards backwards Is size crucial?
Demand for ??______ Integration forwards backwards Is size crucial?
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Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e. ________
Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e. ________
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Vertical integration will only be an alternative, if the ________ be improved.
Vertical integration will only be an alternative, if the ________ be improved.
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Types: Forward, Backward, Taper, Full © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 13 Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e. ________
Types: Forward, Backward, Taper, Full © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 13 Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e. ________
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Does size exist – such as cost advantages? Is market power beneficial? Are there limits to size? Is variety demanded?… Types: Forward, Backward, Taper, Full © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 13 Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e. ________
Does size exist – such as cost advantages? Is market power beneficial? Are there limits to size? Is variety demanded?… Types: Forward, Backward, Taper, Full © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 13 Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e. ________
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Existing questions. Do NOT ask these: What is NOT considered a primary activity in the extended model of the value chain? In the context of corporate strategy, what does the term 'vertical integration' refer to? Which of the following corporate expansion alternatives involves acquiring new companies in similar industries or markets? How does 'Related' Diversification differ from 'Unrelated' Diversification? What is the main difference between Integration and Diversification in the context of corporate strategy? In what way has Disney applied economies of scale? How does a corporation benefit from identifying potential synergies between different product lines and businesses? What type of integration does McDonald's exemplify in the text? What is the purpose of dividing a firm's activities into discrete processes through the value chain analysis? Which company's expansion strategy example involves backward integration into multimedia and overseas markets? Which function is responsible for R&D and product/process improvement in the extended value chain model? What is a key advantage associated with economies of scale? How does vertical integration contribute to corporate strategy? What is the main focus of Procurement in the value chain? What are some obstacles to exploiting 'Scale' and 'Scope' according to the text? In the value chain, which activity is NOT part of operations? What is one of the problems concerning 'RELATEDNESS' mentioned in the text? What does 'economies of scale' refer to in the context of corporate strategy? What does downstream value chain refer to in the context of value chain analysis? What is a fundamental question related to the degree of Vertical Integration that management must address? What is the main reason for Apple's aim to produce its own chips? Which problem area can arise from utilizing scale and scope economies? Which type of corporate strategy involves expanding operations to cover multiple stages of the value chain? Which area is NOT directly related to Outbound Logistics in the value chain? How can a company leverage economies of scope to gain a competitive advantage? What is a key consideration when exploring the value chain for every product in reference to activities? What is an example of P&G's diversification strategy from the provided text? What is a key characteristic of vertical integration as a corporate expansion alternative? What are the three dimensions of scope discussed in the text? What is a distinguishing feature of economies of scope compared to economies of scale? What does 'Added value' refer to in the context of industry value chain analysis? Which of the following represents an example of vertical integration in Disney's operations? In the context of Corporate Strategy, what does Vertical Integration primarily aim to achieve? Which term refers to the challenges associated with introducing new processes according to the text? Which of the following is NOT an obstacle mentioned in the text to exploiting 'Scale' and 'Scope'? In a Corporate Value Chain Analysis, how is an organization or corporation viewed? Which unit of observation is considered in Industry Value Chain Analysis? In the context of corporate scope, What does Ansoff's Product/Market framework focus on? How can Disney benefit from geographic diversification? What is a key decision that management needs to make regarding Diversification?
Existing questions. Do NOT ask these: What is NOT considered a primary activity in the extended model of the value chain? In the context of corporate strategy, what does the term 'vertical integration' refer to? Which of the following corporate expansion alternatives involves acquiring new companies in similar industries or markets? How does 'Related' Diversification differ from 'Unrelated' Diversification? What is the main difference between Integration and Diversification in the context of corporate strategy? In what way has Disney applied economies of scale? How does a corporation benefit from identifying potential synergies between different product lines and businesses? What type of integration does McDonald's exemplify in the text? What is the purpose of dividing a firm's activities into discrete processes through the value chain analysis? Which company's expansion strategy example involves backward integration into multimedia and overseas markets? Which function is responsible for R&D and product/process improvement in the extended value chain model? What is a key advantage associated with economies of scale? How does vertical integration contribute to corporate strategy? What is the main focus of Procurement in the value chain? What are some obstacles to exploiting 'Scale' and 'Scope' according to the text? In the value chain, which activity is NOT part of operations? What is one of the problems concerning 'RELATEDNESS' mentioned in the text? What does 'economies of scale' refer to in the context of corporate strategy? What does downstream value chain refer to in the context of value chain analysis? What is a fundamental question related to the degree of Vertical Integration that management must address? What is the main reason for Apple's aim to produce its own chips? Which problem area can arise from utilizing scale and scope economies? Which type of corporate strategy involves expanding operations to cover multiple stages of the value chain? Which area is NOT directly related to Outbound Logistics in the value chain? How can a company leverage economies of scope to gain a competitive advantage? What is a key consideration when exploring the value chain for every product in reference to activities? What is an example of P&G's diversification strategy from the provided text? What is a key characteristic of vertical integration as a corporate expansion alternative? What are the three dimensions of scope discussed in the text? What is a distinguishing feature of economies of scope compared to economies of scale? What does 'Added value' refer to in the context of industry value chain analysis? Which of the following represents an example of vertical integration in Disney's operations? In the context of Corporate Strategy, what does Vertical Integration primarily aim to achieve? Which term refers to the challenges associated with introducing new processes according to the text? Which of the following is NOT an obstacle mentioned in the text to exploiting 'Scale' and 'Scope'? In a Corporate Value Chain Analysis, how is an organization or corporation viewed? Which unit of observation is considered in Industry Value Chain Analysis? In the context of corporate scope, What does Ansoff's Product/Market framework focus on? How can Disney benefit from geographic diversification? What is a key decision that management needs to make regarding Diversification?
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Nike: Why does Nike mainly outsource the production of its products? Vertical integration will only be an alternative, if the ________ be improved. Questions: Does size exist – such as cost advantages? Is market power beneficial? Are there limits to size? Is variety demanded?… Types: Forward, Backward, Taper, Full © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 13 Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e.
Nike: Why does Nike mainly outsource the production of its products? Vertical integration will only be an alternative, if the ________ be improved. Questions: Does size exist – such as cost advantages? Is market power beneficial? Are there limits to size? Is variety demanded?… Types: Forward, Backward, Taper, Full © Artur Baldauf l Department of Management l University of Bern Corporate Strategy 13 Economies of Scale (EoS) and Economies of Scale exist, when average costs are falling over the relevant range of output (at capacity) Single-site: related to the size of the manufacturing unit (physical) Multiple-site: related to more plants (more nonphysical i.e.
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