Which of the following concepts will be gained by a company when it performed better than its competitors in satisfying target consumers? A) Competition B) Competitive advantage C) Competitive price D) Competitive awareness
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- Is the following statement correct? The value disciplines are product leadership, customer intimacy, and operational excellence. Customer intimacy means offering customers leading-edge products and services that consistently enhance the customer’s use or application of the product, thereby making rivals’ goods obsolete. Audi, for example, is known for its slogan "advancement through technology". Operational excellence means segmenting and targeting markets precisely and then tailoring offerings to match the demands of that niche market, such as Wiesman. Wiesman is a car manufacturer that produces only 100 roadsters per year. The two-seaters are customized. By customer intimacy, we mean providing customers with reliable products or services at competitive prices and delivered with minimal difficulty, or inconvenience. Toyota, for instance, is a master of operational excellence and they have turned their value discipline into a strategic weapon. Their approach is based in part on…E4 we are doing a drone food delivery service so please provide a competitor analysis on the below 3 non direct competitors: 1. DoorDash 2. Ubereats 3. Foodora write their strength and weakness in relation to the target market( people who wants food delivered fast) please do not copy paste from previous answers, wasn't satisfied hence asking againRespond to the following in a minimum of 175 words: How can a company’s marketing organization ensure that it is able to identify newly emerging competitors in time to plan and execute an effective marketing strategy in response to these competitors? Provide an example.
- Which one of the following statements is true of competitive intelligence as a means of environmental scanning? Select one: a. Competitive intelligence is ethical if competitor-related information is collected from sources accessible and available to the public. b. traditional planning c. Buying competitors' products and asking their own employees to evaluate them to learn about new technical innovations is an example of the unethical practices followed in competitive intelligence. d. It is unethical to use competitive intelligence to make strategic business decisions.Marketing Strategies for Competitive advantage Question 1: Discuss the positioning strategy In your answer, discuss the forces that help a firm to develop and deploy a positioning strategy(200 words) Question 2: Research the below two major research firms: – Gfk AG Nuremburg, Germany, gfkcom – West Inc Rockville, Md, westatcom Discuss your findings in terms of their research services and special study capabilities Also, discuss the ways in which such services can impact on marketing decisions (200 words) Question 3: Explain what goes into determining positioning effectiveness (200 words) Question 4: Compare and contrast the dynamics that influence the emerging, growth, and mature markets How do they help a firm to craft a market target strategy in each? (200 words) Question 5: Discuss the impact that IBM’s collaborative innovation strategy can have on its partners, as well as on Microsoft How can IBM’s strategy affect the market? (200 words) Question 6:…According to the growth-share matrix, a lower-shared business unit in a high-growth market in called… Question 5 options: A) Star B) Cash Cow C) Dog D) Question Mark
- What is the best strategy for crossing the “chasm”? a. Focus resources on multiple market segments simultaneously in order to improve statistical chances of finding a purchase for the product. b. Avoid implementing marketing strategies beyond what it takes to win the innovators, and then let word of mouth carry the product further. c. Focus limited resources on winning over a single, primary market, and then move on to capture larger markets. d. Seek to make the product or service on offer as similar as possible to current market-leading products.Answer the three questions at the end of these details from previous question - Mir Cola is the brand of soft drinks that our business sells. Since our product is made of soda, the name Mir Cola is a perfect fit. Mir Cola provides a variety of the most refreshing solutions for people looking for high-quality beverages; each flavor Mir-Cola beverage makes it enjoyable for consumers. Unlike other beverage options, Mir-Cola products promote the enjoyment and improve people's lives, and the company is utterly committed to meeting the demands of consumers and clients. Customers who come across any Mir-Cola product will first note the various package styles employed for the company's assortment of soft drinks. The packaging of Mir-Cola sets them apart from o. The products are packed in an orange-colored can. Along with the packaging, Mir-Cola makes sure that customers can purchase these various varieties of drinks in various volumes. The plastic bottles come in sizes of 0.5, 1, 1.5, and 2…Choose a product and then describe how you would use the Ansoff product-market growth matrix to design strategies for market penetration, product development, market development, and diversification of that product. Do not copy from another chug answer. Authentic answers only please.
- which generic competitive strategy does the company use and also which data sources do you recognize that the company uses.Which is the appropriate product positioning strategy for one company who wants to emphasize that their product’s performance and quality is better than the other products that are sold in the market? a. economy b. prestige c. competitor-based d. price Clear my choiceChange in the status quo of any market component creates some degree of equilibrium, which means that there are likely to be customers somewhere who are being underserved, creating an opportunity for new business opportunities. Select one: True False The Creating Phase is a creative activity where old strategies are used to envision and define businesses of the future. Select one: True False A _____________________ ____________________ is a market, product, technology, or business process that lies beyond a company’s current corporate strategy and business model. a. Strategic Frontier b. Strategic Plan c. Business Model d. Discovery team