Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

SM CH8

QuestionAnswer
What are the prominent forces of strategic advantage? Cost leadership, differentiation, speed, market focus
cost leadership-Mention 2 skills and resources and 2 organizational requierements intense labor supervision, products easy to manufacture, tight cost control, frequent and details control reports
2 advantages of cost leadership makes substitutes less attractive, push away competition because they cant compete with prices
2 disadvantages of cost leadership key cost saving activities can be easly immitated, it can become a trap in which org. only focus on price and set apart consumer needs
differentiation-Mention 2 skills and resources and 2 organizational requierements creativity talent and flair,strong marketing amenities to attract skilled labor, closeness to key customers
2 advantages differentiation buyers are less sensitive to prices on well differentiated products, rivalry is reduce in a successful differentiated product
2 disadvantages differentiation model easy to imitated, the difference between the prices of low cost leadership products may be to much to keep customer loyalty
what does speed consist of manufacturing existing products quicker, developing new products quick
speed--Mention 2 skills and resources and 2 organizational requierements flexible in manufacturing, good logistics, strong coordination between companies functional areas, strong delegation on operational personel
2 advantages speed being the first in the market and created customer loyalty, charge more because you are the only
what does it consist an advantage in a market focus any of the 3 last strategies target into a market niche
risks-market niche can to major competitors the segment
Which are the 5 industry environments? emerging industries, industries transitioning to maturity, mature and declining industries, fragmented industries, global industries
mention 2 characteristics of emerging industries technological uncertainty, few entry barriers
mention 2 characteristics of industries transitioning to maturity intense competition to market share, emphasis on cost and service
mention 2 characteristics of mature and declining industries demands grow more slowly than the economy, slow growth is caused by tech. substitution, demographic shifts
mention 2 characteristics of fragmented industries no firm has significant market share, no firm can significantly influence the industry
global industries difference in buyers across industries, difference in competitors across countries
What are the two type of grand strategy axis? draw each of them grand strategy selection matrix, model of grand strategy clusters?
Created by: jnartig
Popular Bisaya sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards