Discuss how technology can be used to reduce the strength of a force (provide specific examples)
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Chapter 2 Strategy & Technology
Five Forces – what it is, how it is used, the impact of the Internet on each of the Five Forces using examples.
Discuss how technology can be used to reduce the strength of a force (provide specific examples)
Value chain – how technology impacts it
What is sustainable competitive advantage and why it is so difficult to attain?
Key differences between operational effectiveness and strategic positioning and the role of technology.
Chapter 3 FreshDirect
How did FreshDirect leverage technology to overcome challenges faced by traditional grocery stores?
Chapter 4 Netflix
In what ways did Netflix leverage technology to overcome challenges faced by traditional competitors in the video industry?
Discuss the role of scale economies, the long tail, and data in helping Netflix gain and sustain a competitive advantage in the streaming industry.
Chapter 5 Moore’s Law
Discuss the premise of Moore’s Law and how it enabled the exponential growth in digital technology and disruption in many industries. Learn more https://youtu.be/KkFsCiV4nT4
Chapter 6 Network Effects & Platforms
What are “network effects”? Define the term and briefly explain the relevance in an economic context, including the impact on competition in markets with network effects.
What are the primary sources of value for network effects? Give a brief description of how each factor provides value for network effects.
Discuss the key differences between one-sided and two-sided markets and the benefits derived from these markets. Provide an original example for each type of market (not from the textbook)
Markets with strong network effects often exhibit a winner-take-all or winner-take-most dynamic. What network effects-related advantages can a dominant incumbent enjoy that help it repel rivals, and why is it so difficult for a newcomer to displace the dominant player in these markets?
Chapter 7 Sharing Economy
Why do many collaborative consumption marketplaces work well in fragmented markets? What advantages do they offer buyers and sellers over traditional systems dealing with fragmented markets?
Why are sharing economy marketplaces so attractive to consumers?
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