What is the process for deciding on a competitive approach

Assignment Help Operation Management

Reference no: EM133710911

Discussion Post: Competitive Approach, Competitive Scope & Decision Models

Deciding on a competitive approach for the company is critical to the process of developing a company's strategy. Careful consideration must also be given to the company's competitive scope. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.

Use the following outline:

1) Introduction

2) Process: Deciding on a Competitive Approach - What is the process for deciding on a competitive approach? Discuss the process for deciding on a competitive approach in no less than 200 words.

3) Strategic Thinking: Determining Competitive Scope - What is competitive scope and why is it important to business strategy? Discuss competitive scope and why it is important to business strategy using the two subheadings below in no less than 200 words.

4) Geographic Scope

5) Production / Distribution Scope

6) Decision Model - no less than 100 words

7) How do my decision models aid / hinder the process of deciding on a competitive approach and why? Discuss how and why your decision model(s) aid / hinder the process of evaluating environment.

8) What other decision models are being considered and why? Discuss what models you are considering using as a better choice and why.

9) Conclusion

Support your factual assertions with citations.

Use the following outline:

1) Summary of Key Points
2) Evaluation of the Quality of the Publication
3) Evaluation of the Quality of the Author(s)
4) Where this fits into the discussion

For your main thread, perform the following:

A. Discuss the process of deciding on a competitive approach.
B. Discuss competitive scope and its importance to business strategy.
C. Discuss your current decision model(s) and others that are being considered.
D. Develop an Annotated Bibliography for the additional references used in your discussion.
E. Support all of your factual assertions with citations.

Reference no: EM133710911

Questions Cloud

Define the causes and effects of exchange rates : Define the 5 causes and 5 effects of exchange rates in the economy and give a real-life example for each.

Information about person individual circumstances : Information about person individual circumstances, health, and support needs. Information about risk to the person

How does this balance sheet transparency affect the conduct : Fed's weekly balance sheet report. How does this balance sheet transparency affect the conduct of monetary policy

What kind of labor market for auto workers : A small town with a single car manufacturing plant and a union of auto workers would be what kind of labor market for auto workers

What is the process for deciding on a competitive approach : What is the process for deciding on a competitive approach? Discuss the process for deciding on a competitive approach in no less than 200 words.

Draw a consumers budget constraint : Draw a consumers budget constraint, measuring the number of apples on the horizontal axis and the number of light bulbs on the vertical axis

Example of the neurological assessment : Write another example of the neurological assessment for this typical objective of a Neurological assessment only in pragraph form for this hypothetical patient

Exchange between countries regardless of their size : Define globalization and explain how a countrys military and economic power can influence the terms of trade with poor and less powerful countries

How is the risk ratio calculated : How is the risk ratio calculated? What does it tell you? How is the odds ratio calculated and what does that tell you? Why are tau-b and Cramer's V different?

User Account

All Pages