Which of the following represent(s) strategic challenges of competing in a new industry? O A firm with a new technology may need to create or cooperate with an ecosystem. Positioning may be impossible because there may be no suppliers, no customers, and no clearly identified competitors. O All answers are correct. O Technology strategy is highly dynamic; it's about moving quickly to create value, adapt to others, deal with uncertainty, influence the evolution of the industry, and s O It may not be apparent who the potential entrants are or which products customers consider necessary complements and acceptable substitutes.
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- While terms such as “hyper competitive” or “fast moving” have been around for a number of years, the speed of change—at the customer and competitor level—is accelerating at unprecedented levels. At the customer level, this is reflected in “location-based” marketing based on mobile apps, real-time tracking of customer behavior, and continual advancement of new, nimbler competition. For many industries, at the heart of this change are smart products, smart applications and interconnected devices as well as an increasing willingness of firms to develop ecosystems of partners rather than go it alone. In many industries, the new and nimbler competition may be from firms based in second-world or even emerging economies. What are the implications of dealing with such non-traditional competitors? Conversely, the biggest growth opportunities for many firms are in emerging marketplaces, with unfamiliar customer needs, channel structures and even institutional set-ups and political systems. What…Industry Situation and Company Plans: Starhub Ltd 1. What is the situation of the industry in which this company functions? What does this Company's future look like? (Minimum 200 words | Maximum 300 words) 2. Walk us through the company's products and services. Do you think these products and services will be capable to keep this company be successful in the new normal? (Minimum 200 words | Maximum 300 words)Products and services based on the Internet of Things may benefit both vertical and horizontal sectors. When these methods can be used across several sectors, we have achieved an industry-wide approach. Each individual and the Internet of Everything will gain from this.Check out the illustrations provided. Mark two as horizontal market solutions and two as vertical market solutions. Justify.Automatically adjusts the temperature of a space depending on the time of day, the number of people in it, and other factorsWhen swallowed, these microchips send signals to a medical professional.
- The pursuit of competitive advantage requires a strategist to discover or build a company’s corecompetencies which will constitute the vehicle that will drive the implementation of successfulstrategies. A renowned global consulting firm, McKenzie Consulting Group states that “in orderto gain and sustain competitive advantage, an organization should at least possess three corecompetencies which will form the foundation upon which successful strategies are developed”.Required:a. Briefly distinguish resources from core-competencies? b. Choose a Ghanaian or Multinational Company operating in Ghana and identify any fivetangible resources /capabilities and five intangible resource/capabilities c. Take each one of the above named tangible and intangible resource/capability and matcheach against the VRIN framework, clearly justify why any of the named tangible andintangible resource/capability qualifies to be a core competency? d. Based on the outcome of your analysis above would you say the…1) Explain why competitive advantages in technology are temporary and describe the four methods of identifying cempetitive advantages as well as provide a use case for each method. 2) Define critical success factors (CSFs) and key performance indicator (KPIs) and explain how the administration at a college might use a CSF, such as improving graduation rates, to create a list of KPIs necessary to achieve this goal. 3)Explain why competitive advantages in technology are temporary and describe the four methods of identifying competitive advantages as well as provide a use case for each method.A billionaire from Russia is interested in investing in Indonesia. The investment is carried out in the form of making a spice startup company because Indonesia is rich in the best spices in the world. Several business model options are considered between offline, online, or hybrid. 1. Competitive Threats and E-Business Strategic Decision (use assumption to accomplish the mini case), Explain the Competitive Threats Acting on the Digital Business from the "The Generic Strategy Process Model". 2. Identify the ideal customers for target buyer and explain why? Demographic Psychographic Technology use 3. Explain the Customer life cycle that needs to consider by the company to ensure the end to end journey / road map to be prepared for the customers (use assumption to accomplish the mini case)
- Based on - Xiaomi: Designing an Ecosystem For the "Internet of Things" -, Q1 - What are Xiaomi's main challenges? Is the Ecosystem model the best way to address these? Q2 - How does Xiaomi's Ecosystem model compare to traditional models of corporate venture capital? Does Xiaomi's model make sense? Why or why not? Q3 - Should Xiaomi enter the retail store space? Why or why not? Should it pursue a flagship store model or pursue a program requiring hundreds of stores?Which of the following statements BEST describes the Gartner’s ‘Magic Quadrant’? Helps businesses understand their current and future competitive landscapes. Helps businesses get a clear picture about their strong points and weak points relative to their competitors. Helps businesses prioritize and strategize your business investments among smaller business units. Helps businesses analyze and represent a particular product/market/industry in terms of their ability to deliver based on their vision.In the context of Professor Christensen's disruptive technologies literature, we studied multiple reasons why big tech firm often struggle to stay innovative. In particular, we've emphasized the "creosote bush" phenomenon. Which of the following options best describes big tech firm's struggle, in context with the "creosote bush" phenomenon? When new projects are less successful compared with cash cow projects, threatened managers to divert resources away from potentially disruptive innovations, hindering their growth and development Established tech firms focus solely on their existing customer base, ignoring the potential for growth and innovation in new markets Large tech firms tend to prioritize short-term profits over long-term innovation, resulting in a focus on established products rather than disruptive technologies Big tech firms inherently lack the ability to innovate, as their size and structure make them unable to adapt to new technologies and market trends…
- Firms are more likely to imitate a differentiation strategy than a cost leadership strategy. Which of the following provides the most compelling reason that Goat may be able to sustain a competitive advantage? Goat executes product differentiation None of the options Both of the options Goat maintains socially complex relationships with SneakerheadsA. What does the following scenario suggest to a company CEO? Sales in units are increasing and average price is increasing. Net operating income is increasing. a. The current business environment (external environmental factors) is improving b. Margin of safety is declining c. The integration between marketing and production is poor d. Variable production expenses have declined B. What does the following scenario suggest to a company CEO? Sales in units are decreasing and average price is increasing. Net operating income is increasing. a. The higher average price is hurting the overall company b. Product quality has declined c. The higher average price is making up for the lower volume d. Variable production expenses have increased(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.