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Discuss, What are the key considerations in assessing the impact of competitive forces on marketing performance?
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- Please make a analysis of a RED BULL marketing strategies and make recommendations for a better performance More detail pleaseFor successful Marketing Performance you have to answer the following questions: A) Which customers we are going to serve.?1. Differentiate between the five generic competitive strategies citing company examples for each.
- Discuss the competitive forces in the business environment using Porter's Five Forces framework, examining the influence of factors such as industry rivalry, supplier power, buyer power, threat of new entrants, and threat of substitutes.How Competitive Strategy and Competitive Forces are related with MIS?Explain the two elements or basis used to determine the extent of competition from another company in the same industry and further explain the three (3) drivers of competitive behaviour.
- How can firms develop competitive IT strategy using the Porter Competitive Forces Model?What are some benefits of a strategic marketing orientation from a managerial perspective?What is marketing strategy? How do we develop marketing strategy? What marketing decisions must be made as the strategy is developed?