There are four macro strategies to create and deliver value to customers and that can help a firm to develop a sustainable competitive advantage. Think of a company from the local market who you are very loyal to in many categories like (food, electronics, personal care etc.). Is it the product, location, operation, or customer excellence that you are loyal to that firm? Critically examine.
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- Read the following carefully and answers the questions given in the end. Please be precise with your answers. Mars Dog Foods makes and sells dog food for puppies and adults. It has been a leader in the industry for more than 25 years. Until recently, the company has successfully pursued a low-cost strategy by selling a limited number of food recipes and holding down manufacturing costs. However, Mars Dog has lately struggled to maintain profitability because many new competitors offer low-cost food choices. Thus, the leadership team has decided it is time to change its strategic focus. Mars Dog’s extensive market research shows that niche dog food markets have emerged where pet owners are willing to pay more for hypoallergenic food made only with all-natural ingredients. There are only a few competitors in this market space, and most do not have Mars Dog’s excellent reputation. The company’s leadership believes they can manufacture hypoallergenic dog food to dominate niche markets. By…Choose from the following agricultural/agribusiness industry that you are interested with. Be specific. Animal production or livestock industry Plant/horticulture industry Crop industry Fishery Others ( be specific) After choosing an industry, you are asked to research about it and be able to answer the following questions: How attractive is the market? In what way are competitors expected to respond if you enter the market? What is the current size of the market and how large is it expected to become? What are the current and projected growth rates?How do the five competitive forces in Porter’s five forces model affect the average profitability of the industry? For example, in what way might weak forces increase industry profits, and in what way do strong forces reduce industry profits? Identify an industry in which many of the competitors seem to be having financial performance problems. Which of the five forces seem to be strongest?
- Analyze the of the organic food industry using the information provided by the Organic Trade Association at www.ota.com and the Organic Report magazine at theorganicreport.com. That is, based on the information provided on these websites, draw a five forces diagram for the organic food industry, and briefly discuss the nature and strength of each of the five competitive forces.What strategy should a business manager follow to increase the competitiveness of his business?Write a report on the TiVo/Aereo value proposition and the four Ps and the potential for replicating the business model in other countries?
- Identify two current organizations—one organization facing a low-risk competitive environment and one facing a high-risk competitive environment. For each of these organizations, explain why you have evaluated its competitive environment as either low risk or high risk, using strategic planning and analysis concepts (such as Porter's Five Forces Model) For each of these organizations, recommend a pairing of a system design tool and a system operation tool that you believe will work especially well in the competitive environment faced by the organization. Be sure to explain why the tools you have chosen are uniquely suited to the competitive environment faced by that organization.Add more to this paragraph Amazon Business has a significant impact on the environmental aspect of sustainability. On the positive side, Amazon's focus on renewable energy and waste reduction initiatives has led to the reduction of its carbon footprint. Additionally, Amazon has invested in electric delivery vehicles, reducing emissions from its logistics operations. However, Amazon's reliance on single-use packaging and its large-scale logistics operations have a negative impact on the environment. Amazon has been criticised for its excessive use of plastic packaging, which contributes to plastic waste in landfills and oceans. Therefore, Amazon must continue to prioritise sustainability in its operations to ensure that its environmental impact is reduced.How can an organization effectively identify and leverage untapped opportunities within the elements of its value chain to enhance overall business performance and competitive advantage?
- Identity the contextual influence that you believe will pose the greatest challenge to companies' competitiveness and identify the contextual influence that will pose the least challenge to companies' competitiveness.Indra Nooyi, the former CEO of PepsiCo describes how she led an effort to the company being a "better corporate citizen." She advises other companies who wish to adopt a "Performance with Purpose" approach to consider all of the following except: Ensure the company's board of directors support the intiative Hire a Chief Sustainability Officer to oversee all aspects of the initiative Adapt the strategy to accommodate the needs of local markets form partnerships and coalitions with NGOs and other companiesAll companies want to have growth, but growth is not all the same in terms of its lasting effects. To get started this week, read the article in Forbes, 13 Factors to Ensure Sustainable Business Growth Links to an external site.. After you read the article, choose a company that you are interested in or would like to work for one day. Assess the company and suggest two growth strategies you would recommend for the company and explain why you have made these recommendations. https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2020/06/08/13-factors-to-ensure-sustainable-business-growth/?sh=7aa2c6975279