To what extent does Amazon pursue a differentiation or a cost leadership strategy? Which part(s) of its (Amazon) value-chain activities most strongly support this strategy?
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To what extent does Amazon pursue a differentiation or a cost leadership strategy?
Which part(s) of its (Amazon) value-chain activities most strongly support this strategy?
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- Answer the following qestions: What is Costco’s business model? Is the company’s business model appealing? Why or why not? What are the chief elements of Costco’s strategy? How good is the strategy?When using the strategic management process, firms should start by A) developing a strategic vision, mission and values. B) developing a proven business model, deciding on the company's top management team, and crafting a strategy. setting objectives, developing a business model, crafting a strategy, and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage. C) coming up with a statement of the company's mission and communicating it to all employees, setting objectives, selecting a business model, and monitoring developments and initiating corrective adjustments to the business model when necessary. D) deciding on the company's board of directors, setting financial objectives, crafting a strategy, and choosing what business approaches and operating practices to employ.When Amazon broadened its focus from being the world's biggest online bookstore to being the world's biggest online retail store, which element of strategic planning did this represent? A) Geographic focus B) Mission C) Customer service D) Price leadership E) Infrastructure