Gnomatics sells just one type of product in the local marketplace. The staff works hard to ensure its product is successful, even though there really are no other companies that compete with it. Which type of strategy does Gnomatics use? O a. Related diversification O b. Cash cow O c. Focus O d. Differentiation
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- In developing trails for hiking and biking to bring its winter ski customers back in the summer, Mountain High Ski Resort is pursuing what type of opportunity?A. Channel penetration.B. Diversification.C. Product development.D. Market development.E. Market penetration.Please solve the subparts A&B with the explaining and no reject please. This q&A not essai can u solve based on the text from image. This case about Marketing Management A. What are the pros, cons, and risks associated with Nike's core marketing strategy?B. If you are adidas, how do you compete with Nike?A company that pursues and achieves strategic objectives: Answer C) is frequently in a better position to improve its future financial performance because of the increased competitiveness that flows from the achievement of strategic objectives. D) is likely to be a weak financial performer because diverting resources to the pursuit of strategic objectives takes away from the achievement of financial performance targets. B) is generally not strongly focused on its true mission of making a profit. A) is likely to weaken the achievement of its short-term and long-term financial objectives.
- Read the following statements and select if they are true or false. a. The achievement of economies of scope is the most important benefit of unrelated product diversification. True False b. In a related constrained diversification at least 95% of the revenues comes from a single business True False c. Unrelated diversification is when more than 70% of the revenues come from different business. True False d. In related linked diversification all businesses are linked. False True1. Discuss the difference of marketing and marketing mix, and how does will affect you as a future business manager? 2. At present time, what approach do you prefer to use in marketing? Why? 3. How will the 4Ps, 7Ps, and 4Cs be of help in your life as a future graduate of BIT?Match the description to the type of generic strategy in the framework proposed by Michael Porter (1985). Once you click Check, the correct matches will remain in place, while the wrong matches will return blank. Generic Strategy |||| Differentiation focus Description Competitive advantage comes from selling a differentiated product or service (e.g. a better-quality product with some unique features compared to rivals) to a broad market (e.g. many customer segments and/or broad geographic area). Competitive advantage comes from having lower costs than competitors across a wide market. By adopting this strategy, a firm aims to sell a lower cost product to a broad market (e.g. many customer segments and/or a broad geographic area). The strategy of offering an undifferentiated product or service to a small segment or in a restricted geographical area. Competitive advantage comes from a product/service that is unique in some way to rivals and is targeted at a particular market niche. In…
- Give typed full explanation The ability to respond to environmental changes with less time and cost is... a) Manufacturing flexibility b) Production frontier c) Contract manufacturing d) Aggregate production planning I do not think it is d)...A producer of home burglar alarm devices decides to start manufacturing portable video cameras for use in industrial security situations. This is an example ofA. market development.B. diversification.C. product development.D. market penetration.5. Direct-to-consumer businesses have had mixed success. That is, while the model has succeeded in some categories, it has not worked in others. Can you identify reasons why? Which product categories may be more suited for direct-to-consumer business model?
- Begin by selecting two functional strategies from the list below: Marketing Strategy Financial Strategy In your initial post, explain the overall goals of each of the strategies that you selected, generally speaking. Then, expand on your choices by describing how each functional strategy may work together to potentially achieve economies of scope. Further develop your response by describing how the functional strategies that you selected operate either at your place or work, a place where you have worked in the past, or in a hypothetical “best” corporation scenario. Alternatively, you may research an actual corporation to further develop your response on your chosen functional strategies. Be sure to post at least 2 referencesWhy does a company needs financial objectives? A) to convince shareholders that top management is acting in their interests. B) because without adequate profitability and financial strength, the company's ultimate survival is jeopardized. C) to indicate to employees that financial objectives always take precedence over strategic objectives. D) to translate the company's business model into action items. E) to overtake key competitors on such important measures as net profit margins and return on investment.Please all part What is the print on demand bookstore's Generic strategy? A. differentiation B. low cost C.focused differentiation D. focused low cost F. best cost What is the bookstore’s Value Discipline? A. Product Leadership B. Customer Intimacy C. All of them D. Operational Excellence What is Le Puf’s Generic Strategy? A. differentiation B. low cost C. focused differentiation D. focused low cost F. best cost