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13.
Define what "Proactive Market Selection" means? List in bullet points five economic indicators important in Proactive Market Selection.
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- 107- What factor does the GE-Mckinsey matrix use to compare BU? a. Growth and market share b. Growth and market attractiveness c. Competitive strengths and industry attractiveness d. Growth and industry attractiveness6. A company wants to add Urban Transport Business to its portfolio. It is proposing a minimum of 100 buses to run on Ten major cities in Ghana The New Business Concept Statement tested positive with sampled population. The feasibility analysis also looks good. You have been consulted to advise on whether or not to go on with the business investment. Using the five competitive forces model, analyse the industry to show its attractiveness or otherwise under the following heading: (a) Threat of substitutes (b) Threat of new entrants (c) Bargaining power of suppliers (d) Bargaining power of buyers (e) Rivalry among the existing firm134) What is the industry-attractiveness competitive position matrix also known as? a) LG-McKinsey Matrix b) Washington-Samsung Matrix c) GE-McKinsey Matrix d) None of the above
- Kindly provide a detailed outline for each of the strategies that you have outlined suggest how Mr Grant might proceed to evaluate these strategies. Tropical Leisure Limited Tropical Leisure Limited has been making high quality Caribbean leisure wears for over twenty-five years, in old rented premises located in the heart of the Barbadian capital of Bridgetown. The company has a flexible labour force of about twenty employees and three directors, only one of whom, namely Mr. Grant, the managing director, is fully active in the business. The company specializes in leisure and swim wear garments. Their current range consists of tee shirts, shorts, skirts and bath suits in rich vibrant Caribbean colours and styles for men, women and children. The company capacity is 400-500 garments per week, depending on style and continuity of the production run, but additional floor space and machines could be brought in quickly to raise production levels to a maximum of 1000 garments weekly if…8-3 Hospitality Products, Inc. 1.Discuss briefly HPI’s competitive position and strategy.9._________Fatiza majored in marketing and really enjoyed studies in market research. Through research on the Internet and in the university library, she discovers that an industry appears to have significant positive external trends. She interprets this as a(n) . alternative strength weakness opportunity internal analysis
- The resourced-based view of the firm identifies four criteria that managers can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a basis for sustainable competitive advantage. Are these measures independent or interdependent? Explain. If some of the measure are interdependent, what implications does that fact have for managers wanting to create and sustain a competitive advantage?1. Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and identify the key external factors which impact on the company. 2. Using Porter's Five Forces framework, analyse the attractiveness of the global steel Industry in Severstal which ope Support your analysis with evidence from the Severstal case study. 3.Using Porter's Generic Strategies, analyse the competitive strategy employed by Unilever.Support your analysis with evidence from the Unilever case study. 4. Using the Ansoff's matrix, analyse the direction of growth that Unilever has undertaken to grow their busi Provide recommendations for Unllever's future growth.1. The most powerful cause of a person’s needs, wants and behavior.A. Attitude B. Behavior C. Culture D. Discipline 4. A key to build a sustainable competitive advantage.A. Employer B. Manager C. Team Leader D. Employee 7. All are included in a Strategic Management tasks performed in a retail firm except;A. Identify the Target Market B. Develop a Retail strategy C. Budget Planning D. Select Location 10. A place organized to implement specific business operations of the Retail Organization.A. Market B. Income C. Business D. Location 13. All are included in a Merchandise Management tasks performed in a retail firm except; A. Buy Merchandise B. Merchandise Strategy C. Price Merchandise D. Control Merchandise Inventory 14. The Most valuable resources in Retail business organization.A. Financial Resources B.…
- 10. A manager wants the organization to focus on a small portion of its geographic zone to ensure profitability, maintain efficiency, and reduce risk. Which competitive strategy meets this long-term goal? A.Cost leadership B.Forecasting C.Differentiation D.Market segmentationPlace the following competitive offerings onto the Strategy Clock and also give reasoning of their placement according to competitive theoretical framework: • Firs class flight on United Arab Emirates • A standard domestic 60 watt light bulb • Maria B clothing brand range • Hyundai Autos • A colored 40 watt fairy light bulb • Toyota Motor • SAGA holidays (for over fifties). • High end Portugal festive event. • A standard Copy and Pen4) Explain the concept of competitive advantage. Why is it central to the study of strategic management? Explain with example (s).