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- (A) What are the primary and supporting activities in a company's value chain? Please briefly explain these activities. (B) Are both primary and supporting activities a source of competitive advantage? Why or Why not?In achieving competitive advantage, choose a niching strategy and explain whyWhat term is used to refer to those activities that are the key source of competitive advantage?
- How can a business-level strategy of (a) low cost and (b) differentiation offer some protection against competitive forces in a company's industry?A company's strategic options for internally performed value chain activities do not include: A) implementing the use of best practices, particularly for high-cost activities. B) switching to activity-based costing. C) investing in productivity-enhancing, cost-saving technological improvements. D) revamping its value chain to eliminate or bypass some cost-producing activities (particularly low value-added activities). E) outsourcing the performance of high-cost activities to vendors that can perform them more cheaply.. Define mixed strategy. Why would a firm use a mixedstrategy instead of a simple pure strategy?
- Identify how organizations gain a sustainable competitive advantage throughtheir resourcing strategy including recruitment, selection, onboarding andsuccession planning process with a focus on your chosen organisationDiscuss why is it desirable for a business to boost it's inventory turnover ratio?Using the company resources and capabilities, conduct a competitive strength assessment to compare the company with two of its main competitors (Mercedes Benz)
- Q 2 Based on your analysis of Hibbett’s strengths and weaknesses, which generic strategy would you recommend for the firm? Develop a brief strategic proposal for the firm and explain how your answer provides the best possible fit with the firm’s strengths and weaknesses.What are the sources of Amul’s competitive advantage? Specially consider the cooperativestructure, role of technology and brand development.Define mixed strategy . Why would a firm use a mixed strat-egy instead of a simple pure strategy?