explain a competitive situation you encountered in your past. After reading stephen Covey’s book, how might you have handled that situation to turn it into a “win
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explain a competitive situation you encountered in your past. After reading stephen Covey’s book, how might you have handled that situation to turn it into a “win
For attempting this question you have to write your own competitive situation. I will help you in understanding the 7 habits of stephen covey to make the situation to be successful.
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- If you determine that your company does not have a competitive advantage through financial statement ratio analysis (that is, your company has more weaknesses than strengths) and you also conducted Porter's five force analysis to determine that there are threats in the market, which strategic choice would you recommend for your company?Why are some companies successful and some not? Why do some companies survive and some not? What does success and survival mean?Imagine yourself as a CEO of a small firm in an industry in which you are interested and explain why the concept of competitive advantage is central to your company?
- I need an example for the following using company A and B for the scenario. Develop a strategic alliance plan for your company. What type of strategic alliance would you go for?, with who?, and why? (Highlighting benefits and challenges)How do you describe Kibbles and Bits, and how would you share the competitive intelligence needed through environmental scanning to forecast future sales?Which of the competitors would you focus on in each of the following situations?why?A)Strong verses weak competitorsB)Close verses distant competitors:C)‘Good’ versus ‘bad ‘ competitors
- Why is it important to understand the drivers of profitability, as measured by ROIC?Discuss the four strategies/ alternatives under the Ansoff's Strategic Opportunity Matrix which matches products (new or existing) to markets (new or existing) and provide real life examples to support your answers. Also, play the video on "Jeff Bezos explains Amazon's Competitive Advantage" As a marketing student, please address the following questions: (1) According to Jeff Bezos, what are Amazon’s competitive advantages over its competitors? (2) This interview was conducted in 2010. Are the competitive advantages that Mr. Bezos mentions still relevant for the company today? (3) What is the experience of Amazon with the Kindle? When Amazon started, its initial competition was with Barnes and Noble: what happened and where is Barnes and Noble now? Is Barnes and Noble still a market leader? Why? (4) What strategy (in the Ansoff's Strategic Opportunity Matrix) did Amazon adopt in the beginning (1995-2005)? In 2010? Which strategy (in the Ansoff's Strategic Opportunity Matrix) has…As of May 2018, what challenges had PT faced in recent years? Assess the factors in the internal and external environment that led to those challenges? Analyze the industry competition conditions that PT faced. Identify the key external factors that affected PT’s strategic decision. Develop a SWOT Analysis for PT to help King develop his strategy. Indicate how each of elements from the four (4) components from your SWOT, can be used to enhance PT’s competitive advantage. Each component of your SWO must have at least three (3) elements If you were Phillip King, chairman of PT, what recommendations – at least four (4), would you make to improve company performance and address the challenges you outlined in question 1. Provide clear justifications for your reasons.
- Senn Delaney Case Study Questions Read the Case: Senn Delaney: An Entrepreneurial Exit In the Consulting IndustryLinks to an external site., and then answer the following questions: What are the strengths and weaknesses of Senn Delaney’s revised business model? What are the requirements Senn Delaney should deem non-negotiable in their exit transaction? Why? What non-financial issues might be critical in this type of environment? Why? What type of exit makes the most sense, given the nature of the firm? Why? What risks does the firm face because of each exit strategy? Is this the same decision you think the people involved would make? Why? How might you effectively grow and scale a consulting business without compromising the quality and culture of the firm?Using the information from your SWOT analysis, have you identified any opportunities that are a good match with your company’s core competencies? Likewise, have you discovered any weaknesses that could be converted to strengths through careful marketing planning?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 strategy