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Please describe the Michael Porter's 2 Generic Strategies.
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- 1. what are the benefits of aligning IS/IT with business strategy on Disney MagicBands Parks company 2. why IS development is key to business strategy on Disney MagicBands Parks companyDefinition and examples of,1.Blue Ocean strategy2.Red Ocean strategy 3.Halal Marketing &4.neuromarketing.Definne success in your own words. How can you identify the Key Success Factors (KSF) of a company? Explain in details.
- Michael Porter identified different strategies for competing in the marketplace.Conduct further research and then provide an example of an organisation usingeach strategy below, other than those provided in your prescribed material:a) Cost Leadership strategy;b) Differentiation strategy;c) Focus strategy.Based on your TOWS analysis, which of the four generic strategies from Porter, would yourecommend to Lego? Explain your choice. Give at least two specific actions as examples of thechosen strategy.2.2: Incentive a. What is an incentive strategy b. what are 3 advantages of the incetive strategy in business?