A company business strategy follows (unique design, high innovation, and superior customer service) is considered to be: O Differentiation Cost leadership O Monopoly O Competitive advantage
Q: What type of management system would support the creation, organization and dissemination of…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: According to Porter, the nature of competitiveness in a given industry can be viewed as a composite…
A: Porter's Five Forces is estimated as a macro tool in business analytics – it seems at the industry's…
Q: Describe how functional strategies are aligned with the business strategies. How is the process of…
A: The organization's strategies have roots in its whole strategic objectivities. Business strategies…
Q: When a firm provides a specialized product or service for a narrow target market better than…
A: When a firm provides a specialized product or service for a narrow target market better than…
Q: There are many marketing and operation functional approaches that would impact the potential success…
A: Strategic management illustrates a plan that helps to provide the managing and instructing to the…
Q: describe the business model for three different organizations, namely a typical brick-and-mortar…
A: The term "brick-and-mortar" refers to a traditional street-side business that offers products and…
Q: Organizations may select a ________________ to increase their profits, sales and/or market share. 1…
A: Performance strategy helps in identifying the performance of an individual in relation to the…
Q: Having a strong strategy in place would assure the organization's success.
A: business system or strategy makes a dream and course for the entire association. It is significant…
Q: e the competitive strategy employed by Unilever.Support your analysis with evidence from the…
A: Competitive advantage is built through catering to customers' particular requirements and…
Q: Brand equity reflects the value of the brand name and logo as promotional tools for attracting…
A: 2.) True
Q: The managerial task of implementing strategy primarily falls upon the shoulders of O a company's CEO…
A: STRATEGY IMPLEMENTATION: Strategy implementation is the process of turning the plans into action to…
Q: Which framework is often used to analyze the competitiveness of an organization? O a. Peter's…
A: The correct option is c, that is Porter's competitive force model. Porter's 5 forces framework is…
Q: Identify if the following is STRENGTH, WEAKNESS, OPPORTUNITY, THREAT, OR INTERNAL ENVIRONMENT:…
A: 1. It is strength because strengths describe what an organisation excels at and what sets it apart…
Q: The macroenvironment consists of the factors close to the company that affect its ability to serve…
A: The macroenvironment consists of the factors close to the company that affect its ability to serve…
Q: A growth strategy is one that implies the priorities are A.revenue, cost containment, and higher…
A: A development or Growth strategy is an association's arrangement for defeating current and future…
Q: Which of the competitors would you focus on in each of the following situations?why? A)Strong verses…
A: A firm is going to have a rival firm whose offerings will be in direct or indirect competition with…
Q: Does the strategy have the ability to pass the three tests of a winning strategy (i.e., the fittest,…
A: The Goodness of Fit Test A decent procedure is very much coordinated to the organization's…
Q: Critically evaluate Kaplan and Norton's Balanced Scorecard as a Strategic Management System
A: The strategy management framework is a cycle that coordinates the arranging and execution of a…
Q: How awareness of a hierarchy of strategic goals can help an organization achieve coherence in its…
A: There are many objectives and goals in an organization. There are employees who help in achieving…
Q: five forces that a manager must consider in his strategic choice for competitive advantages as…
A: A competitive advantage is an advantage that allows a company to produce goods or services better or…
Q: A generic business strategy is a strategy that Multiple Choice a. can be adopted by any firm,…
A: A generic business strategy is a Strategy that can be adopted by any firm, regardless of the product…
Q: What are the different dimensions of the competitive strategy? If the competitive strategy is to…
A: Competitive strategy is a plan of action by the firms to secure a competitive edge over its rivals…
Q: Identify the organization’s competitive advantage. I
A: Competitive advantage refers to factors that allow a company to produce goods or services at a low…
Q: A competitive strategy identifies how to build and strengthen the business’s long-term competitive…
A: A competitive strategy defines how to build and strengthen the buisness long term competitive…
Q: The purpose of developing a list of strategy-related issues and problems a company faces is to O…
A: Business refers to the process of buying , selling or exchange through a medium be it a physical…
Q: A firm obtains competitive advantage when its strategy results in superior performance compared to…
A: A firm could be considered as to have competitive advantage over their rivals if the products or…
Q: A company that experiments with different product designs with the sole intention of lower…
A: Strategy: It consists of thoughts, ideas, and expertise that helps to provide the general guidance…
Q: ) The industry attractiveness competitive position matrix was developed by McKinsey for which of the…
A: The answer is-
Q: the similarities and differences in the strategies described in Porter’s competitive strategies and…
A: The strategies given by Michael Porter help an organization to identify ways in which they can…
Q: The following statement is all partially or totally false. Please rewrite it to become exactly true.…
A: The business strategy consists of plans of action that strategic managers adopt to use a company's…
Q: Which of the five generic strategies best characterizes the strategy being followed by Macy’s and…
A: Competitive advantage is what makes a company unique and superior in comparison with other companies…
Q: If the (VRIO) analysis shows that company have only valuable and rare resources, the capabilities…
A: The VRIO framework is an internal analysis tool utilized by businesses to classify their resources.…
Q: Using examples, describe the following core terms of Strategic Management? Dynamic capabilities …
A: Strategic management refers to the part of management that monitors and analyses the requirement of…
Q: Is a company more likely to adjust its mission statement or its business strategy? Explain your…
A: A mission statement not just stating a company's desire to be the best in the field or to make the…
Q: Identtify the strategy that a firmm could deploy to stayy afloat in the long run? A. Block…
A: Block Strategy: Block strategy is a systematic approach and it has series of steps…
Q: one of the major corporate level strategies is corporate cultural Select one :- a.true b.fulse
A: The answer is false. Corporate-level strategy determines the business’s actions, movements, and…
Q: Michael Porter argues that business operates within the frenzy and flux of five different forces…
A: In the year 1979, Michael Porter developed the Five Forces of Competitive Analysis to evaluate the…
Q: The three strategic approaches to competitive advantage are____, ____, and _____.
A: The strategic approaches are the ways through which a firm makes itself unique in the market so that…
Q: Discuss with the organization the effectiveness of Porter’s Competitive Forces Model and his Value…
A: Porter’s competitive forces model is used to analyze the competitive environment. It is crucial to…
Q: Harley-Davidson, which once boasted that it made “big toys for big boys,” is trying to lure more…
A: Harley-Davidson's movie can be considered as a double-edged sword in this case. Most people relate…
Q: The thing that makes the company unique in the industry is known as: Select one: Competitive…
A: Companies develop USP: Today, competition in each industry has become so intense and every company…
Q: 1. Capabilities that a firm emphasizes and performs especially well while pursuing its vision, are…
A: "Since you have asked multiple questions so we will solve only the first one for you. If you want…
Q: city as a credible and desirable enterprise-wide strategy. B) Customer centricity can be also…
A: The answer to this question is Customer centricity can be a good supplement and/or alternative for…
Q: What are the support and primary activities in the generic value chain? What are the main…
A: Vаlue сhаin аnаlysis аllоws businesses tо exаmine their асtivities аnd find соmрetitive…
F2
Step by step
Solved in 2 steps
- What does ii mean for a firm to have a competitive advantage? Whal gives a firm a competitive advantage?why is healthy competiton important? What is an example of healthy competition and what is the reasoing why it is healthy competition?business managemnt 1) creating a sustainable competitive advantage may be the most important goal of any organisation and may be the most important single attribute on which each business must place its focus. Explain the importance of managing information for sustaining competitive advantage.
- 1. what are the benefits of aligning IS/IT with business strategy on Disney MagicBands Parks company 2. why IS development is key to business strategy on Disney MagicBands Parks companyDefinition and examples of,1.Blue Ocean strategy2.Red Ocean strategy 3.Halal Marketing &4.neuromarketing.What conditions would encoursge research and development in any competitive industry?
- Kindly explain the healthy handmade frozen food industry based on Porter's Diamond Model Analysis. ( Proposed country is Singapore ) 1. Factor conditions 2. Demand Conditions 3. Related and supporting industries 4. Firm strategy,structure and rivalryFor-Profit Educatiton industry and firm Laureate education business model analysis by framework such as 5-forces by Porter, strengths, weakness, threats, opportunities, Pestel, or any other framework.4.1) Creating a sustainable competitive advantage may be the most important goal of any organisation and may be the most important single attribute on which each business must prioritise. Explain the importance of managing information for sustaining competitive advantage.
- What does ii mean for a firm to have a competitive advantage? What gives a firm a competitive advantage?What is a firms micro environment, and why is it important?Pick a company and discuss the following:1. Discuss factors affecting a competitor's likelihood to take competitive actions.2. Describe factors affecting the likelihood a competitor will respond to actions taken by its competitors.3. Explain competitive dynamics in slow-cycle, in fast-cycle, and in standard-cycle markets.