Answer in 20 minutes What are the competitive strategies to enhancing the organizational profitability?
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Answer in 20 minutes
What are the competitive strategies to enhancing the organizational profitability?
Step by step
Solved in 2 steps
- List the tools the Organization uses to achieve Its Goals?How can those recommended strategies lead to better results for the organization? Need detailed explanation with examples.Does organization need several strategies for differentiation, innovation, customer alignment, and a detailed plan of forecasted strategies? Why?
- Explain the concept of understanding the business's current capabilities.The foundations of competitive advantage are resources, capabilities, and core competencies. Explain how employees (intangible resources) create internal capabilities for an organization that lead to core competencies.What is your organization`s competitive advantage?
- Discuss a SWOT Matrix? What is it? Discuss how the SWOT relates to strategic planningWhat is the relationship between organizational resources, organizational capabilities, core competencies, and distinctive capabilities ? Explain each stage brieflyDescribe the major types of organizational strategies and how the BCG matrix is used to manage those corporate strategies? give an example