Can competitive strategies be sustained? Why or why not?
Q: What are the two basic strategy options for creating a competitive advantage?
A: The competitive strategy provides an area for the organization to become efficient in and sustain it…
Q: Discuss how to use the low cost strategy, response strategy and differentiation strategies to give a…
A: The term "competitive strategy" relates to gaining competitive advantages against rivals. It denotes…
Q: Explain and discuss in some detail why a company's strategy is really a collection of strategies.
A: A company strategy is the collection of multiple strategies. Strategies play an important role in…
Q: Explain about strategic uncertainty
A: Operations in every organization have their roles in every department either less or more depending…
Q: Explain the term Competitive advantage?
A: In almost every market today, all businesses face stiff competition from their business rivals. A…
Q: What is your organization`s competitive advantage?
A: Competitive advantage refers to factors that permit an organization to produce goods or services…
Q: e the competitive strategy employed by Unilever.Support your analysis with evidence from the…
A: Competitive advantage is built through catering to customers' particular requirements and…
Q: Define competitive advantage. How do companies go about finding their competitive advantage?
A:
Q: Can you identify the core competencies of your company? Do they currently contribute to a…
A: Every company will have lots of strength and weaknesses based on which it will try to grab the…
Q: How possible is it to pursue successfully a hybrid strategy of more than one generic competitive…
A: Hybrid strategy The strength of rivalry ascends from one day to another brought about by a more…
Q: How often does the organization need to analyze the internal and external factors in order to…
A: Disclaimer: Since you have asked multiple question, so as per the company guidelines, we can solve…
Q: How might the firm utilize a business-level cooperative strategy to create a competitive advantage?…
A: Disclaimer- "Since you have asked multiple questions, we will solve the first question for you. If…
Q: mportance mat
A: Our ability to think and act strategically relies heavily on our strategic abilities. With strategic…
Q: What are the characteristics of excellent Business-IT alignment?
A: Answer : Business-IT alignment is a business strategy that prioritizes the integration of IT…
Q: What are the four attributes that seem to affect overall competitiveness and innovation?
A: Competitiveness: Competitiveness is often described as a personality trait. ... People who are…
Q: how does a company maintain competitive advantage?
A: The important aspect of business that helps a company to outperform and gain an advantage over…
Q: Should a business stick to its competitive strategy all throughout its life cycle?
A: Business strategies define the pathways that comprise action plans and decisions to reach objectives…
Q: five forces that a manager must consider in his strategic choice for competitive advantages as…
A: A competitive advantage is an advantage that allows a company to produce goods or services better or…
Q: What are the different dimensions of the competitive strategy? If the competitive strategy is to…
A: Competitive strategy is a plan of action by the firms to secure a competitive edge over its rivals…
Q: Explain the benefits of competitive advantage?
A: Acompany is an entity which will create value for customers and shareholders. The shareholders will…
Q: Identify the organization’s competitive advantage. I
A: Competitive advantage refers to factors that allow a company to produce goods or services at a low…
Q: A competitive strategy identifies how to build and strengthen the business’s long-term competitive…
A: A competitive strategy defines how to build and strengthen the buisness long term competitive…
Q: Watch https://www.youtube.com/watch?v=FWu2rkffYvg and discuss which of Porter's Competitive…
A: Michael Porter established the Porter framework for generic tactics in 1980. The model explains how…
Q: What are the six key questions that form the framework of thinking strategically about a company's…
A: Company works under a particular industry.For example levis is a company that works under the…
Q: In any business, how is competitive advantage best sustained? How can rivals chip away at a…
A: Competitive Advantage - It is the advantages which are provided to the competitors of the business…
Q: 1. Complete a Competitive Strategies Model for the automotive industry. Include at least two…
A: Competitive Strategy is described as the long-duration strategy of a particular organization in…
Q: Why are some organizations facing difficulties to sustain competitive advantage
A: The value proposition is the solution offered by the company on the customer's problem. For this,…
Q: Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and…
A: PESTLE analysis, which can also called to PEST analysis,defines concept in marketing principles.…
Q: What does it mean when a member in a competitive set does not have supply, demand, and revenue data?…
A: There are various industries these days in the external environment. There are a number of…
Q: Explain how founder’s values and norms spread throughout the organization over time. Give an example…
A: The founder's values and norms are a part of the organization culture. Values and norms determine…
Q: What are Competitive Dimensions?
A: Competitive dimensions are the features that differentiate a company from its competitors or…
Q: What is the relevance of the resources and capabilities of an organization in enabling competitive…
A: When an organization promotes profits that beat the standard for its industry, the organization is…
Q: Using Porter's competitive strategies, how would you describe the strategies of Walmart, Bergdorf…
A: Porter's Generic Competitive Strategies - Michael Porter described a category scheme consisting of…
Q: Define competitive analysis and why is it so critical to a firm’s long term viability?
A: Environmental Scanning is a process of gathering information on internal and external factors…
Q: According to Porter, what determines the level of competitive intensity in an industry?
A: The level of competition intensity in an industry can be determined by the following:
Q: There are some corporate strategists who have suggested that firms focus on maximizing market share…
A: Corporate strategy:- Corporate procedure is a remarkable arrangement or structure that is long haul…
Q: Discuss differences of internal versus external evaluators? Why? What do you see as the strengths…
A: When opposed to internal evaluators, external evaluators devote more time and attention to the…
Q: What is the significance of key success factors and core competencies?
A: When making a proper strategy business houses consider a combination of both success factors and…
Q: Discuss what are potential sources of competitive advantage for a company? Give examples
A: Competition in business is no exception, and it can make or break your organization. While it's…
Q: Why is a company's strategic map important to create
A: Every company is a collection of individual factors in a value chain that leads to results and…
Q: How difficult is it to createsustainable competitive advantages?
A: Firms can procure sustainable competitive advantage by executing value-creating strategies which not…
Can competitive strategies be sustained? Why or why not?
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Solved in 2 steps
- What are generic competitive strategies, and how are they implemented in a firms value chain activities?What is competition, and what is the role of strategy in competition?What are competitive dynamics, and how does this explain why strategies evolve in response to the actions of close competitors?
- hat are the key reasons for the poor competitiveness of some companies?A competitive strategy identifies how to build and strengthen the business’s long-term competitive position in the marketplace. If your school assigned you to decide the competitive strategy, which of the three strategies will you choose and give your opinion to support your argument?What does achieving competitive advantage entail?