Checking out the supermarket sector

Re issues likely to keep CEOs of UK supermarkets awake at nights -

There really should not be any, as CEOs should not get insomnia

There are likely to be around 10

There are likely to be around 5

There are likely to be around 15

A prospector strategy is -

One involving an acquisition or an alliance

Where the mind-set is one of there being new opportunities if you just go out and look for them

The kind of strategy that mining companies use

Another expression for gold-digging

The strategic health of Tesco (according to the article) is -

Deteriorating from 2009 to 2013 then improving

More or less the same throughout

Deteriorating steadily 2009 to 2013

Improving from 2009 to 2013 then deteriorating

Giving 5GBP away for spending £40 in store (a discount of 12.5 percent) was, according to the article -

Was a tactical move that was likely to only yield a temporary advantage

Was a very big and enlightened thank you to their customers to encourage even more loyalty

Helped compensate customers for slipping behind in customer service

A very clear and well thought through strategic move designed to throw competitors off balance

The discounters -

Achieve this through through having a narrow number of lines and buying collaboration across countries in Europe

Achieve this through having a narrow number of lines

Struggle to gain real economies of scale

Achieve this through buying collaboration across countries in Europe

The discounters -

Do not have any sustainable competitive advantage at all

Have a cost advantage and also compete through a few niche brands

Are unassailable

Only have a cost advantage

The Five Competitive Forces Grid -

Indicates that these five industries are structurally very similar indeed

Indicates that these five industries are structurally quite similar

Indicates that these five industries are structurally quite different, even though all are mature

Indicates that the competitive challenges are very similar

Based on the considered views of the author, ASDA -

Is a very strong player

Is a weak player

Has no real competitive advantage

Is a stronger player but still has some challenges

The five forces have the biggest impact on which one of the following strategic value drivers -

The incremental working capital

The incremental fixed capital investment

The sales growth rate

The operating profit margin

A strategic group is -

A group of similar customers

A group of similar suppliers

A buyer association

A group of competitors with similar business scope and mind-sets

Checking out the supermarket sector

Re issues likely to keep CEOs of UK supermarkets awake at nights -

A prospector strategy is -

The strategic health of Tesco (according to the article) is -

Giving 5GBP away for spending £40 in store (a discount of 12.5 percent) was, according to the article -

The discounters -

The discounters -

The Five Competitive Forces Grid -

Based on the considered views of the author, ASDA -

The five forces have the biggest impact on which one of the following strategic value drivers -

A strategic group is -

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