It is impossible for an incumbent firm that dominates one market to use strategic bundling. True False
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It is impossible for an incumbent firm that dominates one market to use strategic bundling. True False
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- In a single-business enterprise, the corporate and business levels of strategy-making merge into one level – business strategy – because the strategy for the whole organisation involves only one distinct line of business. Select one: True FalseCompetitive success in fast changing markets primarily depend on a comany's ability to innovate and adapt as market-conditions change, which in turn requires that it reshape its strategy constantly With reference to the above statement, evaluate the strategic moves that seem to offer the best result in fast changing markets. Provide practicals excamples to enhance your analysis1. A strategy is a fundamental pattern of present and planned objectives , resource deployments and interactions of an organization with markets , competitors , and other environmental factors . Select one : True False 2. Strategic inertia refers to the automatic continuation of strategies successful in the past , even though current market conditions are changing . Select one : True False
- Consider this statement: “Japanese corporations typically involve many more organizational levels and people in the development of implementation plans than do U.S. corporations.” Is this type of strategy always appropriate? Does the company you work for (or a company where you have worked in the past) employ this type of strategy at the implementation stage? Explain. If the answer is no, would your company (or a company where you had worked in the past) benefit from implementing such a participative strategy? Elaborate on your response. Alternatively, or in addition, you may research an actual corporation to further develop your response.One of the differences between a Business strategy and a Digital strategy is that a business strategy is often a well-established long-term model. In contrast, a digital strategy is dynamic and adaptable. A. True B. FalseDiscuss the accuracy of the following statement: Formal strategic planning is irrelevant for companies competing in the high-tech industry because pace of change is so rapid that plans are routinely made obsolete by unforeseen events
- Firms within the same industry may be considered to be in different strategic groups. True FalseSubject: Strategic management Answer the following questions in a Word file. Use appropriate examples to explain your arguments. Do not simply copy and paste texts from your textbook. The answer should be concise and to the point supported by industry examples of your choice. Q.5) Explain why good strategy execution requires continuously building and upgrading the organization’s resources and capabilities.?Allocating resources can be a political and ad hoc activity in firms that do not use strategic management. Why is this true? Does adopting strategic management ensure easy resource allocation? Why?
- Strategy analysis and choices largely involves making subjective decisions based on objective information. True or false? Explain your answer.The following statement is all partially or totally false. Please rewrite it to become exactly true. Business competitive strategy is formulated at all levels of management and is implemented at the executive level.Aligning organisation structure to strategy is crucial for strategy execution success. The organisation structure needs to support the strategy and its execution. Discuss the bottlenecks that a multi-domestic or global company will face if it’s operating using a decentralised company structure