GLO-BUS QUIZ 3 CORE COMPETITIVE STRATEGY AND GLOBAL MARKET DECISIONS REVIEW 2026

GLO-BUS QUIZ 3 CORE COMPETITIVE
STRATEGY AND GLOBAL MARKET DECISIONS
REVIEW 2026

◉ Company examples of focused low-cost.
Answer: Papa Murphys
Dollar Shave Club
Claires


◉ Company examples of focused differentiation.
Answer: Tesla
Whole Foods
Harley Davidson
Porche


◉ Company examples of best-cost provider?.
Answer: Toyota
Chipotle
Coach
PBR Beer

, ◉ What are three ways companies can maximize the power of their
strategy?.
Answer: 1. offensive and defensive competitive actions
2. competitive dynamics + timing of strategic moves
3. scope of operations along the industry value chain


◉ What is a blue ocean strategy?.
Answer: Offers growth in revenues and profit by discovering or
inventing new industry segments that create an altogether new
demand


◉ Company that follows a blue ocean strategy?.
Answer: Polo or Southwest Airlines
Uber
Ebay


◉ Primary purpose of defensive strategies include the following:.
Answer: 1. lower the firm's risk of being attacked
2. weaken the impact of an attack that does occur
3. Influence challenges to aim their efforts at other rivals


◉ Why is timing a strategic movement important?.