Strategic and International Management at TU München

Flashcards and summaries for Strategic and International Management at the TU München

Arrow

100% for free

Arrow

Efficient learning

Arrow

100% for free

Arrow

Efficient learning

Arrow

Synchronization on all devices

Arrow Arrow

It’s completely free

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

Study with flashcards and summaries for the course Strategic and International Management at the TU München

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

Qualitative approaches to industry definition

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

What does the value chain (VC) include?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

Economic Logic/Financials Dimensions

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

Difficulties of external analysis?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

When do firms operate in the same industry?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

What makes a competitive advantage?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

What are the four levels of need to change?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

How is foreign market entry triggered?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

Arenas (Forming a Strategy)

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

What are the five elements of market entry strategies?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

What are basic problems with external analysis?

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

Uncertainty

Your peers in the course Strategic and International Management at the TU München create and share summaries, flashcards, study plans and other learning materials with the intelligent StudySmarter learning app.

Get started now!

Flashcard Flashcard

Exemplary flashcards for Strategic and International Management at the TU München on StudySmarter:

Strategic and International Management

Qualitative approaches to industry definition
•Analysis of conditions of substitution
-Similar product performance characteristics
-Similar occasions for use
-Sold in the same geographic market

Strategic and International Management

What does the value chain (VC) include?
R&D – Purchasing – Operations – Marketing/Sales – Service

Strategic and International Management

Economic Logic/Financials Dimensions
1. What is your revenue model?
2. What determines your costs?
3. What is your margin model?
4. When does your cash flow in & flow out?

Strategic and International Management

Difficulties of external analysis?
Uncertainty, Complexity, Bias

Strategic and International Management

When do firms operate in the same industry?
If one firms production/price decision affect the price the other firm charges.

Strategic and International Management

What makes a competitive advantage?
Value advantage, price advantage

Strategic and International Management

What are the four levels of need to change?
Lv.0: Health Company
Lv.1: Expectation Problems
Lv.2: Performance Problems
Lv.3: Liquidity Problems

Strategic and International Management

How is foreign market entry triggered?
1. Reactive Market Entry (Tit-For-Tat)
2. Follow the Leader
3. Consequence of Business Model Design
4. Result of Superior Business Model

Strategic and International Management

Arenas (Forming a Strategy)
– selection of markets & market segments
– fit between environment (industry attractiveness) & own strengths (resources)

Strategic and International Management

What are the five elements of market entry strategies?
– Target market selection
– Target market offerings
– Entry mode
– Market entry timing
– Target market business case

Strategic and International Management

What are basic problems with external analysis?
1. Uncertainty
2. Complexity
3. Bias

Strategic and International Management

Uncertainty
Problem: dynamic environment influences change & prediction of changes is difficult
Approach: acknowledge it & adapt analysis techniques to the level

Sign up for free to see all flashcards and summaries for Strategic and International Management at the TU München

Singup Image Singup Image
Wave

Other courses from your degree program

For your degree program Management & Technology at the TU München there are already many courses on StudySmarter, waiting for you to join them. Get access to flashcards, summaries, and much more.

Back to TU München overview page

Essenz Wirtschaftsethik

Einführung in die Softwaretechnik

Start-up Financing

Investitions- und Finanzmanagement

Datenbanken

StaatsR I - haupties

Wirtschaftsprivatrecht 1

What is StudySmarter?

What is StudySmarter?

StudySmarter is an intelligent learning tool for students. With StudySmarter you can easily and efficiently create flashcards, summaries, mind maps, study plans and more. Create your own flashcards e.g. for Strategic and International Management at the TU München or access thousands of learning materials created by your fellow students. Whether at your own university or at other universities. Hundreds of thousands of students use StudySmarter to efficiently prepare for their exams. Available on the Web, Android & iOS. It’s completely free.

Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards
Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards

How it works

Top-Image

Get a learning plan

Prepare for all of your exams in time. StudySmarter creates your individual learning plan, tailored to your study type and preferences.

Top-Image

Create flashcards

Create flashcards within seconds with the help of efficient screenshot and marking features. Maximize your comprehension with our intelligent StudySmarter Trainer.

Top-Image

Create summaries

Highlight the most important passages in your learning materials and StudySmarter will create a summary for you. No additional effort required.

Top-Image

Study alone or in a group

StudySmarter automatically finds you a study group. Share flashcards and summaries with your fellow students and get answers to your questions.

Top-Image

Statistics and feedback

Always keep track of your study progress. StudySmarter shows you exactly what you have achieved and what you need to review to achieve your dream grades.

1

Learning Plan

2

Flashcards

3

Summaries

4

Teamwork

5

Feedback