Which of the competitors would you focus on in each of the following situations?why? A)Strong verses weak competitors B)Close verses distant competitors: C)‘Good’ versus ‘bad ‘ competitors
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Which of the competitors would you focus on in each of the following situations?why?
A)Strong verses weak competitors
B)Close verses distant competitors:
C)‘Good’ versus ‘bad ‘ competitors
Step by step
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- 9- Huawei is avoiding some regions in Africa to become a market for their products because of certain political and technological barriers. It is just too difficult for them to reach this market. Which criteria for market segmentation is illustrated in this case? a. Profitability b. Measurability c. Accessibility d. Actionability1. You have just been hired by XYZ Water company to administer a marketing program for the company. The company manufactures and distributes bottled drinking water product to grocery and convenience stores in the Gulf region. The company’s desire is to build strong competitive position by consistently delivering high-quality products, service, and fair prices. In order to do this, XYZ wants you to implement competitive positioning strategies. Discuss any four competitive positioning strategies you will apply for creating valuable position for the company.Please match the following competition pairs with the type of competition they represent. Group of answer choices Go out for dinner VS buy a "cook at home" dinner at Fred Meyer Direct Indirect Alternate Use of Funds Buy a new dishwasher VS Replace the deck on your home. Direct Indirect Alternate Use of Funds Nike running shoes VS Adidas running shoes Direct Indirect Alternate Use of Funds Toyota sedan VS Chevrolet sedan Direct Indirect Alternate Use of Funds Toyota VS Uber Direct Indirect Alternate Use of Funds Buy a new laptop VS Buy a tablet (iPad or other) Direct Indirect Alternate Use of Funds
- [shoes) You decide to buy your dad a new pair of shoes for his birthday. To mnake sure you get the perfect pair, you ask him for a decision matrix. He gives you the following (all numerals are on 1-10 scales like those discussed in class): Nike Adidas New Balance Importance Low Price 8. Look 9. 3 2. Comfortability 7. 6. Durability 8. 7. Which brand of shoes should you get for him? O Nike O Adidas O Either Nike or Adidas O New Balance O Importance 6.Q1. List the factors that influence managers’ decision-making processes in an organization, in situations where the assumptions of perfect rationality do not apply. Q2. Discuss briefly three (3) ways that your institution and leaders/managers in the sector in which your organization is categorized have adapted to the present environment (Pandemic). Q3. Identify and discuss briefly four (4) common errors that may be committed in the decision-making process.Describe the kind of factor that affected decision-making in each situation and why. 1. Michael rejected the offer of a new supplier because he knew that the supply manager was a longtime rival. 2. Monica decided to sell her company’s computer system because she thinks this is causing the poor performance of her company.
- Is the following statement correct? Ansoff's product-market-matrix has three categories: product development, market development, market penetration. In the following, the model is applied with the car manufacturer BMW. Product development for BMW means creating new products in new markets (eg new BMW car models sold in Africa). Market development implies expanding into new markets with existing products (eg BMW expands to Africa). Market penetration increases revenue in present markets with existing products (eg promotion of an established BMW car model). Please choose an answer: True Not correctQ1) Do you consider Samuel Beckett's Act Without Words a statement of hope or hopelessness regarding human existence? Support your conclusion with specifics from the play, and be sure to show why you do not accept the alternative view. Your answerYour Task For each scenario, discuss the following: - What is the issue (there may be more than 1)? - Who are the parties affected? - List and explain 2 alternatives for handling each situation o Discuss 2 pros and 2 cons for each alternative What is your conclusion? Discuss the best way to handle each situation - use reasoning to justify your decision Situation You manage a catalog phone center|where each of your 20 workers answers phones all day in one of four cubicles. You have just received another complaint from one of the women in the department. She is disturbed because one of the workers in her cubicle has put pictures of women in bathing suits up all over his workspace. She finds this offensive. She had asked him to remove the pictures, but he refused. This is the second time a complaint of this nature has taken place. Last time you switched him to another cubicle.
- Read the case Colgate-Palmolive Company: Marketing Anti-Cavity Toothpaste by By: John A. Quelch and Margaret L. Rodriguez Question: What are the company’s financial, market capabilities, their competencies? Problem Definition:Scenario 1Use the five-step decision-making process to analyse the following situation and recommend acourse of action: You are in charge of granting all computer hardware service contracts for your employer, which areworth more than $30 million annually. You casually indicated that you were seeking to buy a new carand that you particularly liked the Audi automobile but that it was very expensive in recent emailswith the company's current service provider. You are taken aback when the service provider texts youthe phone number of the sales manager at a nearby Audi dealership and advises you to call him. Theservice provider claims that because of his close friendship with the dealership's owner, he will be ableto offer you a fantastic price on a new Audi. Could it appear that you were asking for a bribe if yourmanager saw a copy of the texts you sent to the contractor? Could you classify this offer as a bribe?How would you respond?1. When you want to buy the potato chip, what influences your decision? Explain the attributes that are important to you when making a decision to purchase this type of product.