What is the competitive strategy for your company

Assignment Help Operation Management
Reference no: EM131718598

Topic: Marketing Strategy

Overview:

It is important to choose a marketing strategy that considers the environment, the competition and your products’ strengths and weaknesses. Make sure to practice with the Learning Activity if you are not confident regarding a SWOT Analysis before responding in the Discussion.

What is the competitive strategy for your company? Using Porter’s Generic Strategy, which approach will you use and why?

Once you identify your approach, discuss how your strategy will be implemented given the market forces. For example, if you choose a differentiation strategy, how will you differentiate your product or service from the competition?

Will your prices reflect the strategy you chose? How will you market to the audience reflected in your strategy?

Reference no: EM131718598

Questions Cloud

True about linear programming problems : Which of the following is NOT true about linear programming problems. A manager should know the following things about linear programming.
Maximizing shareholder value is manageable process : What is “shareholder value” and how is it measured? Do you think that maximizing shareholder value is a manageable process?
How will you communicate information to employees : How will you communicate information to employees? What tools or methods will you use to communicate the plan?
Identify the importance of human resource management : Identify the importance of human resource management. Analyze the relationship of organizational culture to change.
What is the competitive strategy for your company : What is the competitive strategy for your company? Using Porter’s Generic Strategy, which approach will you use and why?
Determine the average number of customers waiting in line : Determine the average number of customers waiting in line. Determine the average number of customers in the system.
Determine the value of cp and cpk : The standard deviation of the amounts was 0.34ml. determine the value of Cp and Cpk Expalin what these values mean.
Challenges of acceptance and mutual assent in digital age : Describe the challenges of acceptance and mutual assent in the digital age?
Sunk costs-opportunity costs or accounting costs : types of costs-sunk costs, opportunity costs, or accounting costs, and think about scenario where this type of cost was important for informing decision making

Reviews

Write a Review

Operation Management Questions & Answers

  Determined under workers compensation laws

How are damages for injuries or loss of life determined under Worker's Compensation laws? Would employees be better off to sue under tort law? Why or why not?

  Execution and management of business processes

Innovative technologies help to improve the execution and management of business processes and ensure that a competitive position can be achieved or enhanced.  To implement a RFID-based tracking and inventory management solution for beer kegs (barrel..

  Historical jesus in relation to the christ of faith

How do you understand the “Historical Jesus” in relation to the “Christ of Faith”? Do differences between the two create problems for Christianity, or for Christian faith and life?

  Find the standard time for the blood test

How long should a typical agent be expected to take to make seat assignments? - Find the normal time for this process. -  Find the standard time for this blood test.

  Define the business landscapes of the two centuries

Provide anexplanation of the difference between the business landscapes of the two centuries as well as the differences between the leadership skills that the landscapes dictate.

  Briefly about the purpose of osha efforts

First, define and describe OSHA. In your definition, you want to talk briefly about the purpose of OSHA efforts. Conduct a bit of research and summarize possible strategies to reduce OSHA violations in a particular industry or even in your organizati..

  Explain what your research is trying to investigate

Develop a Research Question: In your area of interest, think about a research question that could be answered using a hypothesis test. Write down this research question, and explain what your research is trying to investigate.

  Monitor consumer responses to marketing campaigns

The ________ method of research allows firms to monitor consumer responses to marketing campaigns in a continuous fashion.

  What is theoretical minimum number of workstations needed

Arons Computers wants to assemble 50 computers per 8-hour day, using a production line. Total task time for each boat is 75 mineuts. What is the takt time? What is the theoretical minimum number of workstations needed? Suppose the longest individual ..

  What does the future look like for hcit in terms of software

What does the future look like for HCIT in terms of software development, education, research, and practices? What challenges could arise? Respond to at least two of your classmates' postings.

  Concerning any law or dispute in the land

In the United States, the Supreme Court has the final say concerning any law or dispute in the land.

  Analyze the dilemmas in assessing ethical leadership

Analyze the dilemmas in assessing ethical leadership when a leader needs to (1) create enthusiasm for a risky strategy or project, (2) induce followers to change their underlying beliefs and values to accomplish organizational goals, and (3) influenc..

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