What is your team strategy for going to market

Assignment Help Operation Management
Reference no: EM132175923

Background of scenario: You are the CEO of a company that makes ELECTRONIC SENSORS - that are embedded in a variety of products like cellphones and elevators. Your customer base is split into two groups - LOW TECH and HIGH TECH. Low tech customers want cheap and high tech customers want quality.

1. What is your team’s strategy for going to market?

2. Did you choose to pursue a low-cost approach, a differentiation strategy, or to create a niche? Discuss why this was selected.

3. Discuss that strategy and describe what barriers it may face, the potential consequences, and how the team will address them.

Please address all questions in detail so I can understand. I'm new to this and have no idea where to start with "my company"

Reference no: EM132175923

Questions Cloud

Provide high quality eyewear to discriminating consumers : Terry Allen has an idea for a new business. She would like to start a retail operation that would provide high quality eyewear to discriminating consumers.
Are virtual meetings more effective : Are virtual meetings more effective? Should virtual meetings be happening often?
What is the actual power factor of the facility : What is the actual power factor of the facility if their billed demand was 603 and their measured demand was 598?
What is your biggest barrier to team effectiveness : When working in a group what is your biggest barrier to team effectiveness?
What is your team strategy for going to market : What is your team’s strategy for going to market? Did you choose to pursue a low-cost approach, a differentiation strategy, or to create a niche?
Recognition and enforcement of arbitral awards : Under the Convention on the Recognition and Enforcement of Arbitral Awards, would the U.S. courts have authority to decide this case?
Analysis methods to determine the cause of the accident : This is a systematic process that utilizes other analysis methods to determine the cause(s) of the accident.
Discuss how cycle counting helps inventory accuracy : Discuss how companies use ABC inventory systems to manage their inventory and discuss how cycle counting helps inventory accuracy.
The qualities of effective ethical strategic leader : Write a paper about the qualities of an effective ethical strategic leader. Why we need different priority rules for scheduling?

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