Process for Midterm • Case is available in casebook • Analyze the case (individually and/or in groups) over the next week • During exam, several questions will be posed and you will write your answers (individually, on paper) • Exam is “open book” -- you may bring any resources you wish to (except another person); no electronic devices or communication during exam • <2 hrs for exam; 30 min to discuss answers ( this will be the only exam review ) Typical Grade Distribution individual semesters vary considerably D/F C B A homework 0+ 10% 10% 80+% class participation 0+ 30% 45% 25% mid-term exam out of 26 students 5% 1 35% 9 40% 11 20% 5 final exam 0+ 25% 50% 25% course grade 0+ 15% 60% 25% out of 26 students 0+ 4 16 6 Case for Mid-term exam Re-THINK-ing THINK: The Electric Car Company THINK Case Summary • • • • • • • Case timeframe: 2010 Norway-based company; turbulent history “Re-started” in 2008 1,700 cars sold, mostly in Europe Planning to sell and manufacture in the US Considering targeting fleets and consumers Profits highly sensitive to volume and price Exam Questions will derive from course topics to date….. • • • • • • • • • Financial analysis, opportunities, challenges Identifying decision criteria (objectives) Market assessment/attractiveness Target markets and target customers Customer needs and product benefits Differentiation: whole product and company Competitive analysis Competitive advantage Making product decisions Course Concepts (13) • Definition of product success • Whole product • Product plan: key success factors • Differentiation • Market attractiveness • Target customers • • • • • • • Competitive advantage Marketing mix (C+4P) Product positioning Sales functions Channel options Channel value-added Operations balance Course Methods/Tools (13) • Income statement analysis • Financial benchmarks • Target customer description • Target customer selection • 5 Forces analysis • Competitive analysis (10 dimensions) • Identifying competitive options • Decision criteria • Product decisions • Product competitive positioning • Channel economics • Process dimensions • Product development best practices