Can you assist with the question that follow the scenario. The product is a fruity sunscreen to the tourists. Scenario: A group of University students are considering opening a new business in the Tourism sector. The product or service is a novel idea in the Tourism Sector. Notably, the tourism sector is known to be competitive. As a result, it is important for organizations to be aware of their a lternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage. The group is also considering utilizing the strategy formulation framework to aid in developing the company and its novel products. The group is aware that there are certain habits that strategic leaders must encompass but are not sure what they are. The team is aware that they would face potential issues within strategic implementation and would like to understand how this can be remedied. 3. Based on each category of alternative organizational Strategies as discussed in the course, select one (1) strategy from each of the categories which the group can pursue towards success. Explain clearly how the product/ service being offered would be actioned through each category.
Can you assist with the question that follow the scenario. The product is a fruity sunscreen to the tourists.
Scenario:
A group of University students are considering opening a new business in the Tourism sector. The
product or service is a novel idea in the Tourism Sector. Notably, the tourism sector is known to
be competitive. As a result, it is important for organizations to be aware of their a lternative
organizational strategies. It is also important that they understand how to develop a sustainable
competitive advantage. The group is also considering utilizing the strategy formulation framework
to aid in developing the company and its novel products. The group is aware that there are certain
habits that strategic leaders must encompass but are not sure what they are. The team is aware that
they would face potential issues within strategic implementation and would like to understand how
this can be remedied.
3. Based on each category of alternative organizational Strategies as discussed in the course,
select one (1) strategy from each of the categories which the group can pursue towards
success. Explain clearly how the product/ service being offered would be actioned through
each category.
Step by step
Solved in 3 steps
