Multiple niching is preferable to single niching

Assignment Help Operation Management
Reference no: EM131199543

Market-nichers avoid large markets and try to be the leader in a small market or niche. Nichers have three tasks: creating niches, expanding niches, and protecting niches. Multiple niching is preferable to single niching. Identify three “nichers” (firms and/or brands) and explain why they have identified these as “nichers” based upon the criteria in the chapter.

Reference no: EM131199543

Questions Cloud

Determine distribution of net profit and number over-booked : Develop and analyze a simulation model for Koehler Vision Associates (KVA) in Problem 13 of Chapter 11 with the following assumptions. Assume that the de-mand is uniform between 110 and 160 per week and that anywhere between 10% and 20% of prospectiv..
Determine the output signal : If the input signal is as shown in Figure P6.48b, determine the output signal.
What is the addition to retained earnings : Billy's Exterminators, Inc., has sales of $740,000, costs of $288,000, depreciation expense of $40,000, interest expense of $30,000, a tax rate of 35 percent, and paid out $65,000 in cash dividends. What is the addition to retained earnings? (Do n..
Brief description of the theory origin : Brief description of the theory's origin (background, how was it developed, who created it) and basic philosophies (its view of human nature, theory of change, view of psychopathology, the role of the counselor). How this theory aligns with your o..
Multiple niching is preferable to single niching : Market-nichers avoid large markets and try to be the leader in a small market or niche. Nichers have three tasks: creating niches, expanding niches, and protecting niches. Multiple niching is preferable to single niching. Identify three “nichers” (fi..
What is the net income for firm : Billy's Exterminators, Inc., has sales of $752,000, costs of $312,000, depreciation expense of $64,000, interest expense of $42,000, and a tax rate of 35 percent.
Calculate the sag from the taller of the two supports : Calculate the sag from the taller of the two supports which must be allowed so that the factor of safety shall be 5.
Identify both the key issues and the underlying issues : Identify both the key issues and the underlying issues. In identifying the issues, you should be able to connect them to the business principles which apply to this situation.
Discuss dynamic nature of culture-influence of environmental : Discuss cultural and work-related challenges that are present in Japan, Canada, and/or Mexico or any other two or three countries you are familiar with. Discuss the dynamic nature of culture and the influence of environmental factors on attitudes and..

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!

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