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- I need an example for the following using company A and B for the scenario. Develop a strategic alliance plan for your company. What type of strategic alliance would you go for?, with who?, and why? (Highlighting benefits and challenges)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…Why is C the best illustration of a differentiation strategy? Value Cost Disadvantage Firm A (V-C)A CA Competitive Position Firm B: Differentiator O C's price is higher which signals higher quality OB has lower costs than C (V-C) B CB Advantage A's lower price puts it into a different strategic group OC has higher costs than B which is typical of firms that differentiate. Firm C: Differentiator (V-C)c Cc
- Give downvote if answer No answer if downvote incorrect tooo Antitrust which historically focuses on domestic competition, can be used to score international points, taking firms by surprise. Whether undertaking a domestic merger or engaging in foreign direct investment (FDI), when it comes to antitrust wars, savvy managers need to pay close attention most closely to which implication for action? a. Develop skills in competitor analysis that guide decision making on attacks, counterattacks, and cooperation. b. Know your opponents. c. Strengthen resources and capabilities to compete and/or cooperate more effectively. d. Understand the rules of the game governing domestic and international competition around the worldThe boards of 2 major telecommunications companies recently agreed to a $16 billion merger that would create the world's largest telecommunications company in the world. Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger, depending on which company becomes dominant in the various service areas. Answer the following questions: Why do you think consumer advocates have expressed concern over such merger possibilities?For the worst company, what is extraordinarily bad about the company? Does the company appear to have a clear strategy, and if so, what is it? What do you think they could do, if anything, to turn the company around? For the best company, what does the company do extraordinarily well? What do you think is the company's "positioning" strategy? What makes it different from the others in its industry?
- 30. Market strategies are SELECTED based on which of the following Group of answer choices Costs and benefits of the strategy Probabilities of success of the strategy Competitive structure, marketing dynamics and opportunity costs The offering itself All of the above 31. Successfully implementing a marketing mix is both an art and science that requires an understanding of markets, competitor reactions, and environmental forces among other things. Group of answer choices True FalseSustaining competitive advantage can be challenging. The entry of new competitors, the possibility of imitation, and the changes in the firm’s context can affect the firm’s profitability and, historically, have affected firms that had competitive advantage in very distinctive ways. For instance, Coke and Pepsi have sustained their market dominance for nearly a century. On the other hand, General Motors and Ford were hit hard by competition, in particular of foreign companies entering the market, and never fully recovered. What is different about the product/market situation in these cases that affects the sustainability of their competitive advantage? Which elements of the strategic landscape were responsible for Coke and Pepsi’s success and which elements were instrumental in GM and Ford losing an important share of the market?If a venture is not ripe for the market, customers will usually wait until the market becomes ready for the product especially if it is a strong product. T F
- identify one emerging tech and do additional research about the topic. Summarize and critique the Adner & Kapoor piece, do you agree or disagree with their assertions? How do some of the readings from the other modules complement or argue against Adner & Kapoor? Based on this reading, as per #1, develop a strategic plan by which a company (either existing or new, but be sure to specify) may decide to compete. Again, bringing in other readings is desirable, and your plan should be based on frameworks that we have been learning.1. Outline the difference between a business idea and a business opportunity? Why is this distinction important? 2. Define business concept statement, in your own words. Outline its main elements. 1. Identify three (3) features of the Five Competitive Forces Model and discuss how they operate to affect the profitability of firms in an industry. 2. Describe a business start-up you are contemplating and explain why you have made this choice. 3. Identify and discuss the four (4) major components of a business feasibility analysis. 4. a) What is the purpose of conducting a business feasibility analysis? b) When is the best time to conduct a feasibility analysis? c) Justify your response.Choose a Sports Business company in a particular field/environment (for this example we use Real Madrid CF). What are the changes this company is facing?