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Best business strategy is make different product and service

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Reference no: EM132301820

“The best business strategy is make different product and services as much as possible in the market to win the customers”. State whether you agree or disagree with this statement with the explanations.

Identify the Miles and Snow strategy explain by the following statements

Not clear organizational approach

Centralized authority and tight cost control

Strong capabilities in research

Balance efficiency and learning

Efficiency production for stable product lines

Depend on the current need

Write down the characteristics of an organization if organizations strategy is based on differentiation strategy

Briefly explain the impact made on following situations for the business organization

New business organizations need to invest large initial capital to enter in to the market and there are so many rules and regulation to comply

There are powerful customers for the business organization

There are so many substitute products available in the market

There are so many substitute suppliers available in the market

Reference no: EM132301820

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