In terms of strategy and Viabilty: a. Viability is related to day-to-day operations and remains independent of the chosen strategy b. Only on strategy leads to the viabilty of the company c. Different strategies can result in the same level of profitabilty
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In terms of strategy and Viabilty:
a. Viability is related to day-to-day operations and remains independent of the chosen strategy
b. Only on strategy leads to the viabilty of the company
c. Different strategies can result in the same level of profitabilty
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- d. Time consuming and the need to continually develop new capabilities The primary aim of strategic management at the business level is: Select one: t of O a. Maximizing risk to return trade-offs through diversification O b. Achieving competitive advantage estion O c. Achieving a low-cost position O d. Maximizing differentiation of products and/or servicesMatch 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…The common types of valuable resources and competitive capabilities that management should consider when crafting a strategy include A) valuable physical and intangible assets. B) valuable human assets and intellectual capital. C) All of these. D) valuable organizational assets and competitively valuable alliances. E) a skill, specialized expertise, or competitively important capability.
- evaluate the impact of capitecs leadership on the success of the strategy with regards to strategy developmentThe key reasons that an organization should adopt planning and strategic management are to 1/develop a competitive advantage, decrease costs, and increase synergy 2/provide direction and momentum, encourage new ideas, and develop a sustainable competitive advantage 3/develop MB0, encourage new ideas, < and increase profits 4/provide direction and momentum, Increase organizational diversity, and decrease cost Jo 11:07 / GIF ls JIPlease Solve This MCQs Who or what is noted for the development of a popular and effective model of competitive forces and strategies that is used by organizations for strategy formulation? Raymond Miles Michael E. Porter Charles Snow Nike
- Argue in favour the role of strategic managers in coordinating day to day running of a business enitiy. A qualitative approach to strategic planning and management in business. Based on strategic management.Opportunities and threats are: a) identified as part of the firm's tactical planning process. b) factors that are external to the firm but can still affect its performance. C) factors that are internal to the firm and those over which the firm has a great deal of control. d) dealt with primarily in a firm's operational planning process.b . CRITICALLY dISCUSS how diversification fits into an organization's overall strategic planning process.
- 1. What is the current business level strategy that AdRoll uses? Is this the appropriate strategy? If not, what would you recommend? What other strategies are they using? For example, what types of functional (finance, marketing, management/HR, etc.) strategies are they using? Can you recommend any changes to help the organization? 2. Does AdRoll have a competitive advantage? If so, what is the competitive advantage? Is the competitive advantage a sustainable competitive advantage? Why? If not, why? Strategies & Competitive Advantage AdRoll’s business level strategy was overall low-cost leadership. Before AdRoll was founded, retarget-ing advertisements were primarily used by wealthy customers. AdRoll expanded their target market to include small businesses, retailers, and Fortune500 companies. Furthermore, AdRoll had a heavy emphasis on customer service. The company always made itself available to its customers to gain a com-petitive advantage through ease of use.…A. Describe the tasks of managing the implementation of a strategic IS plan?B. Identify the factors affecting the success of outsourcing all or part of an IS strategic plan? C. Describe the success factors that affect IS strategic plans?1. Which of the Porter's Generic Strategies is most suitable for a company that manufactures bearings? How will the chosen strategy support the business of the company? producing electric