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Three (3) reasons each why businesses are successful using market penetration strategy, market development strategy and unrelated diversification strategy?
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- Based on the information given along with the various strategies: Integration Strategies Forward Integration Backward Integration Horizontal Integration Intensive Strategies Market Penetration Market Development Product Development Diversification Strategies Related Diversification Unrelated Diversification Defensive Strategies Retrenchment Divestiture Liquidation Business Level Strategy Cost Leadership Differentiation Focus Strategy 1. What 3 strategies did Mr. Francois and John Francois Stores used to become successful? 2. What 3 strategies can Mr. Francois use to gain a competitive advantage?Discuss Hup Seng Industries Berhad (HIB) Critical success factors?Subject: Strategic management (creating competitive advantages) Define Triple Bottom Line and why is it important?
- How does Inditex engage in related diversification?Choose an industry or sector which is becoming more and more competitive among FMCG retail OR Fashion. Assess their business strategies in terms of the generic strategies of cost leadership, differentiation and focus they are maintaining? How might the principles of hyper- competitive strategies apply to these industries or sector? Explain how, when and in what ways, interactive and cooperative strategies, rather than direct competition, might make sense to them.Analyze the industry Nike competes in using Porter's 5-Forces framework. Clearly define the industry that Nike operates in. Identify whether the force is high, moderate, or low for each force. Explain your rationale for each force. Using the conclusions of each force, suggest whether the industry is attractive (i.e., profitable) or not. Explain your rationale.
- Pick a company and discuss the following:1. Discuss factors affecting a competitor's likelihood to take competitive actions.2. Describe factors affecting the likelihood a competitor will respond to actions taken by its competitors.3. Explain competitive dynamics in slow-cycle, in fast-cycle, and in standard-cycle markets.(1) Why is it important to analyze past performancebefore assessing market opportunities and settingobjectives? (2) Why is diversification consideredriskier than market penetration, product development,and market development strategies?What is a firms micro environment, and why is it important?