Strategic Positioning and three principles that underlie it. Introduction: To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

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Answer 1

Question

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

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Answer 2

Question

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

Answer 6

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

Answer 7

Chapter 6, Problem 1UTC

Summary Introduction

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Answer 8

Expert Solution & Answer

Answer to Problem 1UTC

Solution:

According to Michael Porter, “strategic positioning attempts to achieve sustainable competitive advantage by preserving what is distinctive about a company.”

Three principles that underlie strategic positioning

Unique and valuable position
Requires trade-offs in competing
Involves creating a “fit” among activities

Answer 9

Expert Solution & Answer

Answer 10

Expert Solution & Answer

Answer 11

Explanation of Solution

According to the definition given by the Porter, do same activities as company’s rivals or competitor do but in a different or more effective to way to attract the market. First principle unique and valuable position says that a strategic position arises from three sources that are

Few needs and many customer
Broad needs and few customer
Broad needs and many customer

An organization has to do tradeoffs between some strategies. They have to choose not only the strategies they should follow but also the strategies they should not follow. The ways in which the activities work together and strengthen one another is the third principle that underlies it.

Answer 12

Conclusion

Therefore, strategic positioning helps in attaining organizational goals and improves sustainability of operations.

Answer 13

Ch. 6 - Prob. 1UTC Ch. 6 - Prob. 2UTC Ch. 6 - Prob. 3UTC Ch. 6 - Prob. 4UTC Ch. 6 - Prob. 5UTC Ch. 6 - Prob. 6UTC Ch. 6 - Prob. 7UTC Ch. 6 - Prob. 8UTC Ch. 6 - Prob. 9UTC Ch. 6 - Prob. 10UTC

Strategic Positioning and three principles that underlie it. Introduction: To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

To determine: Strategic Positioning and three principles that underlie it. Introduction: To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.

Answer to Problem 1UTC

Explanation of Solution

Want to see more full solutions like this?

Chapter 6 Solutions

To determine:

Strategic Positioning and three principles that underlie it.

Introduction:

To successfully run and grow in the market, strategies are important, strategic positioning tends to achieve sustainable competitive advantage.