Everything I Learned in Business School (Video)

What is the most important thing you learn in business school according to the text?

• Marketing

• Strategy

• Finance

• Operations

Fill in the blank: The best way to start learning good corporate strategy is to use a framework we learn in business school called _________.

• Porter's Five Forces

• SWOT Analysis

• Balanced Scorecard

• BCG Matrix

According to the text, which of the following is NOT one of Porter's Five Forces?

• Strength of competition

• Number of substitutes

• Likelihood of disruption by new entrants

• Marketing budget

What does Apple use to fend off competition?

• Innovative products

• Aggressive marketing

• Legal actions

• All of the above

Apple's threat of new entrance is considered low because:

• Apple has a strong brand loyalty.

• The technology industry is easy to enter.

• Apple's products are not unique.

• There are no barriers to entry.

Which of the following is a reason for Apple's ecosystem lock-in?

• High-quality phones

• Airpod Pros

• iCloud

• All of the above

What is one benefit of Apple's ecosystem mentioned in the text?

• Seamless integration between devices

• Affordable pricing

• Limited app selection

• Open-source software

The strengths and weaknesses of a company are used to determine:

• A company's financial status

• A company's market value

• A company's SWOT analysis

• A company's growth rate

Which company is mentioned as having a phenomenal brand as a competitive advantage?

• Apple

• Google

• Microsoft

• Amazon

What feeling do you get when you watch an Apple ad, according to the passage?

• Excitement

• Boredom

• Confusion

• Indifference