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SM CH8

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
show Cost leadership, differentiation, speed, market focus  
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cost leadership-Mention 2 skills and resources and 2 organizational requierements   show
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show makes substitutes less attractive, push away competition because they cant compete with prices  
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2 disadvantages of cost leadership   show
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differentiation-Mention 2 skills and resources and 2 organizational requierements   show
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2 advantages differentiation   show
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show model easy to imitated, the difference between the prices of low cost leadership products may be to much to keep customer loyalty  
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show manufacturing existing products quicker, developing new products quick  
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show flexible in manufacturing, good logistics, strong coordination between companies functional areas, strong delegation on operational personel  
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2 advantages speed   show
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show any of the 3 last strategies target into a market niche  
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risks-market niche   show
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show emerging industries, industries transitioning to maturity, mature and declining industries, fragmented industries, global industries  
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show technological uncertainty, few entry barriers  
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show intense competition to market share, emphasis on cost and service  
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show demands grow more slowly than the economy, slow growth is caused by tech. substitution, demographic shifts  
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show no firm has significant market share, no firm can significantly influence the industry  
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show difference in buyers across industries, difference in competitors across countries  
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What are the two type of grand strategy axis? draw each of them   show
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Created by: jnartig
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