Quiz : Venture Capital and Corporate Strategy

What is the primary focus of venture capitalists (VCs) before funding a startup?

• Assessing the founder’s background

• Evaluating the company's marketing campaign

• Evaluating the startup's ability to create value

What is the purpose of examining the value chain in corporate strategy analysis?

• Identifying activities that can be outsourced

• Monitoring external competitors

• Reducing the workforce

What type of value do companies create for shareholders?

• Societal value

• Financial value

• Strategic value

What is the role of market forces in strategic analysis for venture capitalists?

• Reducing company expenses

• Assessing competitors, regulations, and customer preferences

• Developing new products

What defines an incumbent in corporate strategic positioning?

• A market trend follower

• A company that enters mature markets

• A market leader with competitive control over technology and prices

What is the main strategy of a market challenger?

• Offering the same products at lower prices

• Contesting leadership by investing in R&D to create the next technology

• Controlling market prices and product quantities

What do market trend followers usually focus on in their strategy?

• Developing innovative products

• Entering mature markets and offering cheaper alternatives

• Creating new market categories

What is the key focus of a cost-domination strategy?

• Outsourcing all core activities

• Minimizing costs while maintaining profit margins

• Increasing the price of services

What does a differentiation strategy aim to achieve?

• Offering the same product as competitors at a lower price

• Developing a new or better product/service that customers are willing to pay more for

• Outsourcing all product development activities

What characterizes a bundled strategy in an oligopolistic market?

• Selling similar products at lower prices

• Combining better products with lower prices

• Reducing R&D expenses