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- (a) What are the four main sources of key success factors? Please select two of these factors and briefly explain them with practical examples. (b) Please explain which three types of core technical capabilities in core competitiveness are classified by Prahalad and Hamel according to the production and marketing activities of enterprises? Give an example of a technology you know, and judge and discuss it with the above three elements.Two basic competitive strategies are: Cost leadership and Product / service differentiation. You have two business choices in the current pandemic, (1) cleaning service or (2) healthy homemade cooking. Naturally many things are different from the two types of business that you want to be in.Make a business analysis of 2 this type of choice is both qualitative and quantitative, and all of them are supported by reference data and simple calculations to support your competitive strategy1. Discuss what are potential sources of competitive advantage for a company? Give examples 2. Argue is a competitive advantage sustainable? Give examples
- What are the different dimensions of the competitive strategy? If the competitive strategy is to ‘improve customer experience’, what actions would be involved in achieving strategic fit?Discuss the following for the Volkswagen Group: Where along the value chain does your firm have uniqueness and a competitive advantage—and how will your proposed recommendations enhance the firm’s competitiveness? Are revised vision and mission statements needed given your strategic plan for the firm?What are the different ways of creating a competitive advantage? Explain with examples
- How do you describe Kibbles and Bits, and how would you share the competitive intelligence needed through environmental scanning to forecast future sales?With the aid of the process model, conduct a holistic study and in-depth analysis of Toyota car manufacturing company to suggest appropriate strategic approach with the end objective of maintaining sustained competitive advantage. The study should comprehensively apply various strategic models and matrixes to support your findings and recommendations. Use intext citations and provide a reference at the end using Harvard style of referencing. Use 8000 words or more.1. 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?
- Using dynamic analysis, what is the threat analysis New competitive action, Motivation and capability to respond to competitors' actions, Types of competitive action, and likelihood of competitive reaction for Kibbles and Bits?What do you perceive as Segway’s competitive advantage? To what extent is this competitive advantage sustainable over time?In what sense might innovation be called the single most important building block of competitive advantage? A Strategic Management course question on the four generic building blocks.