MG301

A mix of quant and qual

3-4 sentences max for qual questions. Succinct and to the point.

They will ask you the same questions for qual, nothing unexpected, so practice the questions you already got. MEMORISE, PRACTICE, REPEAT.

Wrong Answer Notes MG301

Topics:

Game Theory

Market Structure: Monopoly, Oligopoly, Perfect Comp

Entry and Exit

Industry Analysis

Competitive Advantage: Innovation

Cost and Benefit Advantage: Hotelling, Quality differentiation

Focus Strategies and Niche Markets

Information and Value Creation(ie Information Asymmetry)

Economic View of Organisation

Pay for Performance

Incentives in Teams

Decentralisation

More Decentralisation (Delegation of decisions/work and communication)

Even More Decentralisation (Knowledge Specialisation)

Horizontal Mergers

Vertical Mergers (Make vs Buy, Adaptation and Rent/Quasi-rent)

Make vs Buy (Property Rights and Incentive System)