Q.1): Explain why some of the five generic strategies work better in certain kinds of competitive conditions than in others
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Q: 4- Describe the three types of competitive strategies. Support your answer with examples.
A: ANSWER IS GIVEN BELOW:
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Q: 1. Differentiate between the five generic competitive strategies citing company examples for each.
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Q: Explain Michael Porter generic strategies that provide a good starting point for strategic thinking
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Subject: Strategic management
Answer the following questions in a Word file. Use appropriate examples to explain your arguments.
Q.1): Explain why some of the five generic strategies work better in certain kinds of competitive conditions than in others
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- When drawing a strategic group map Select one: A. it is important for the variables used as axes to be highly correlated. OB. the primary objective is to determine which strategic groups are profitable and which are not C. one strategic variable and one financial variable should be used as axes for the map. D. it is important to use price as the variable for the vertical axis OE the best variables to use as axes for the map are those that identify the competitive characteristics that delineate strategic approaches used in the industry Competitive pressures associated with the threat of entry are greater in all of the following situations except when Select one: OA entry bamers are relatively low and buyer demand for the product is growing rapidly, and newcomers can expect to eam attractive profts without inviting a strong reaction from incumbents. B. existing industry members are looking to expand their market reach by entering product segments or geographic areas where they currently…Learning Activity - Marketing 2150 Spring 2020 Chapter 15- Bringing It All Together Growth Strategies: Where Do We Want To Go? In this learning activity, we will develop skills related to describing how strategy is developed at the corporate, business unit, and functional levels in an organization. Knowing where the organization is at the present time enables managers to set a direction for the firm and allocate resources to move in that direction. Two techniques to aid in these decisions are the (1) business portfolio analysis and (2) market- product analysis. The Boston Consulting Group's (BCG) business portfolio analysis uses quantified performance measures and growth targets to analyze a firm's business units (called strategic business units or SBUS by BCG) as though they were a collection of separate investments. Read the mini case study below and respond to the questions that follow. If in 1997 a customer had been charged a late fee of $40 for a VHS tape of Apollo 13, what might…READ: CH 2: Corporate Strategies & Marketing DO: Answer the following questions and post on Discussion Board by EOW. Instructor will provide feedback to students as needed. . What is the difference between a for-profit and a non-profit organization? • Explain the four market-product strategies in diversification analysis. • What are the three steps of the planning phase of the strategic marketing process?
- Read the statements below and follow the instructions carefully. A car cannot function without an engine. It will not start, and it will not move. Considering this, read the statement below and state if you agree or disagree and explain your answer. If a business is compared to a car, marketing is said to be the engine of the business. You must incorporate any ONE of the following into your response: •The 4P’s . •The exchange between customers and businesses. •Customer satisfaction. •Profitability.Please answer questions number 2 in simple terms related to units MKT 501. Please provide full answer to view i don't have any card payments system to subscribe to view the full solution. Provide full answer. Help me in this.evaluate the impact of capitecs leadership on the success of the strategy with regards to strategy development
- Porter (1980) defined a number of “generic strategies” thatorganisations can use as a way to compete. He suggested thatfirms should follow one of these strategies and avoid being“stuck in the middle” between different strategies. Was heright? Explain each generic strategy and critically evaluate thisstatement, using examples and appropriate literatureplease answer this question in 10 minutes.i will upvoteDevelop a strategic plan for your business (assigned you in the class) using the nine steps in the strategic Planning process. *
- After the SWOT and TOWS matrix, MS company LTD dertmine the strategic option that it will use and they are: 1. Training and development strategy 2. Innovative strategy 3. Differentiation strategy 4. Expansion/growth strategy Discuss how you would implement the strategies in MS.In details, clarify the content of this Competitive Profile Matrix, and what are the uses of this matrix? In addition, if you are a decision taker, clarify how this matrix will help you to take decisions? And what are the decisions that you will take?please answer within 30 minutes in detail.
