Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Competitive Options
Companies have five competitive options available to them. Take a look at each of the following companies and explain their competitive strategy in terms of the five options. Also, give an example of how companies in the same industry compete. (For example, Rolls-Royce competes with high quality while Kia competes with the price.)
Competitive Strategy Five Options:
- Cost
- Quality
- Time
- Flexibility
- Innovation
Companies:
- Disneyland
- Apple
- Nordstrom’s
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