User Account

All Pages

Define product differentiation

Assignment Help Operation Management
Reference no: EM132245799

Assignment

Answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

Making strategic decisions are part of the territory when it comes to the job of an analyst. You'll need to decide what to do in a given circumstance and then answer questions to explain your decisions. Let's say you are a Strategic Analyst for a Fortune 500 Company, and your CEO has asked you how to position a specific business and product line to gain a competitive advantage in a single market. This scenario is the foundation of lessons 5, 6, 7, 8, covered in the textbook.

Part A: Product Differentiation

Part A refers to the material discussed in Lesson 5 of this course. Using logical, clear writing, do the following:

1. Define product differentiation and discuss the role that customer perceptions play in product differentiation.

2. Identify the three broad categories of product differentiation and two bases of differentiation under each category.

3. Explain the relationship between product differentiation and managerial creativity.

Part B: Flexibility and Real Options

Part B refers to the material discussed in Lesson 6 of this course. Using logical, clear writing, answer the following:

1. What is strategic flexibility? Why is it thought of as a third generic business-level strategy?

2. What are strategic options?

3. What are real options?

Part C: Collusion

Part C refers to the material discussed in Lesson 7 of this course. Using logical, clear writing, answer the following:

1. What is collusion?

2. What are the two types of collusion and how are they different?

3. How does signaling relate to collusion?

Part D: Vertical Integration

Part D refers to the material discussed in Lesson 8 of this course. Using logical, clear writing, do the following:

1. Define vertical integration and differentiate between forward vertical integration and backward vertical integration.

2. Identify the three fundamental explanations of how vertical integration can create value and discuss how value is created under each.

3. Identify three reasons a firm may be able to create value through vertical integration when most of its competitors are not able to create value through vertical integration.

Reference no: EM132245799

Questions Cloud

What is amazons core competency : Describe the business model of Amazon.com as of the end of the case. Which of its competitors does Bezos need to pay most attention to?
Examine how that attack was conducted : Using WORD, write an ORIGINAL brief essay of 300 words or more: Find a DoS attack that has occurred in the last six months. Note how that attack was conducted.
Discuss about the hacks in brief : Write a brief description of the attack indicating what type of hack was involved. Read and respond to at least two other students Discussions.
Support your view of the problem as explained previously : Present evidence to support your view of the problem as explained previously. The evidence can be from the case as well as outside research.
Define product differentiation : Define product differentiation and discuss the role that customer perceptions play in product differentiation.
Discrimination lawsuit against her former employer : In 2015 an ex- teacher near Cincinnati filed a discrimination lawsuit against her former employer-school district claiming that her disability.
Are there types of power she could not or should not use : Why did Grace have problems making changes and maintaining discipline when she first was promoted to a position that required leadership?
Ideal process for handling concern about declining sales : Describe the ideal process for handling the concern about declining sales, ignoring for now the pressure from management.
What business opportunity might project completion create : What business opportunity might project completion create? Who are the project stakeholders? How will they be involved in the project

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd