Describe three (3) options for organizational strategy.
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Describe three (3) options for organizational strategy. Provide three (3) examples of companies that follow each of the selected strategies. Provide a description of how three (3) companies used their strategies for competitive advantage.
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- Write a detailed note on Michael Porter’s competitive strategies with examples describe the necessary steps to implement the strategy1. What steps does Nordstrom take to implement its strategy providing outstanding customer service? According to the text, are there any actions or steps that are discussed in the text that Nordstrom does not implement?2. How do these activities enable Nordstrom to reduce the gaps between perceived service and customer expectations?3. What are the pros and cons of Nordstrom’s approach to developing a competitive advantage through customer service?4. Can Nordstrom’s philosophy of customer service be used businesses other than retail service businesses? Educational institutions? Lower end retailers like Walmart, Target, or Steinmart or Kohls? –5. Why or why not? If not, how could these retailers improve their customer service and relations, give examples—6. Discuss the inventory policies of Nordstrom to that of other department or retail stores. Does this policy impact customer service?1. How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness? 2. What evidence would you offer to support their position?
- 1- What are core competencies of companies? GIVE EXAMPLE 2- What role do dynamic capabilities play in the ability of companies to create competitive advantage in rapidly changing environments? GIVE EXAMPLES PLEASEIdentify potential issues that can be attributed to incompatibilities between the implementation of new technologies and corporate strategy. Organization is Tesladiscuss using practical examples the strategic issuesthat the organization would consider before expanding its relationship with strategic alliance partner.
- Advise the manager and senior staff regarding the (1) process of strategy evaluation, (2) how the objectives are evaluated, (3) as well as the challenges that may arise. Also, provide advice to members of the organization with (4) respect to measuring its performance.Explain the 5 Ps of strategy with examples and how companies can use them for competitive advantage.Name the 3 usual competitive strategies. Provide real life examples of companies using each strategy and explain how they successfully implement that strategy.
- Differentiate between a mission and a vision. Differentiate between a mission and a strategy. What is SWOT analysis? List its four elements and describe its purpose. Are strategies static or dynamic? What are the forces that lead to this result? Discuss the various competitive priorities and how firms use them to compete.If you were in charge of strategic planning for your organization, what changes would you make? Give at least (1) unique strategy in today’s world for nonprofit and profit organizations. When developing and implementing strategy, does the organization effectively balance short and long-term priorities? Why? Does the organization need several strategies for differentiation, innovation, customer alignment, and a detailed plan of forecasted strategies? Why? Please Answer this Thank You.What is competitive strategy and its types? Discuss comprehensively the different types of competiitve strategy, preferably with sample/example.