Change is inevitable….except from vending machines.
A fool and his money are soon partying. –Steven Wright
I know the three of you out there will be wondering about replies to your questions. This week requires traveling so please bear with me until I can reply properly. Meanwhile, continue your work towards completing the Wal-Mart case study and Competition Demystified reading pages 1-110.
This quiz is meant to reinforce concepts you should be thinking about. Whenever you first look at an industry and/or company what should be one of the first questions that you ask______________________?
Now, you have been asked to research a new company that has a product where the demand is estimated to increase 10 fold and you must advise your $2 billion hedge fund on Park Avenue, in New York whether to invest. After two months of 18 hour days, you find out that the research on growth estimates was wrong! The demand for the service will increase 1000x fold! You are so excited you can barely wait to speak to the portfolio manager. How great an investment will this be? What further MAJOR questions should you ask if demand will grow so rapidly. Take five minutes to frame your questions and what you will say to the big boss whom you will be meeting soon.
OK, scroll down and click on the cases below to learn what happened. Surprised? Why or why not? Let me know your thoughts.
http://www.scribd.com/doc/77775204/Global-Crossing-A –sorry this had to be placed in the Value Vault under Global Crossing A (36 pages) due to security restrictions. If you do not have a key then email me at firstname.lastname@example.org with VALUE VAULT in the subject line.
For a different perspective and more context: http://www.scribd.com/doc/77780615/Bubbles-and-Gullibility-2008