SM CH8
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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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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