Question

Discuss the requirements for directional, adaptive, market entry and competitive strategies?

Discuss the requirements for directional, adaptive, market entry and competitive strategies?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Directional strategies:

  • They help to provide broad strategy and set fundamental direction of the organization
  • They help to build vision and mission for the company
  • They specify company's values and strategic goals

Adaptive strategies:

  • The provide methods to be adopted to accomplish the vision
  • They helps to make critical decision like scope of operation, capacity expansion or reduction requirement etc.

Market entry strategies:

  • The help to provide methods in order to accomplish adaptive strategies
  • They help to make decision like purchase, outsource, cooperation etc.

Competitive strategies:

  • They help to set overall organizational structure
  • They position the company in respect to other competitive organization in the market
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Entry into a market by a new competitor evokes a reaction. As a result, a competitive...
Entry into a market by a new competitor evokes a reaction. As a result, a competitive dynamic-action and response begins. Before responding to a competitor, firms must understand the competitive dynamics of the business in order to succeed with a growth opportunity. Suggest and critically discuss a model that helps managers to meet this objective. (500 Word) Essay format
Discuss the use of SWOT analysis in the development of competitive strategies according to samsung company(...
Discuss the use of SWOT analysis in the development of competitive strategies according to samsung company( including in text citation)
“A perfectly competitive market provides a superior outcome relative to a monopolistically competitive market” Discuss NOT...
“A perfectly competitive market provides a superior outcome relative to a monopolistically competitive market” Discuss NOT LESS THAN A PAGE
Provide an example of a business utilizing bootstrap marketing strategies. Discuss how these strategies are creating...
Provide an example of a business utilizing bootstrap marketing strategies. Discuss how these strategies are creating a competitive edge.
Does indirect exporting make the least amount of money compared to the other market entry strategies?...
Does indirect exporting make the least amount of money compared to the other market entry strategies? Explain why please..
Positive economic profit in a perfectly competitive market will increase market competition. Discuss
Positive economic profit in a perfectly competitive market will increase market competition. Discuss
In a competitive market with free entry and exit, which of the following is NOT true?...
In a competitive market with free entry and exit, which of the following is NOT true? Group of answer choices In the long run, firms determine the price at which goods are sold At the end of the process of entry and exit, all firms make zero economic profit At the end of the process of entry and exit, price is equal to average total cost In the long run, firms operate at the efficient scale
what role does new firm entry play in a competitive market?( as this relates to price...
what role does new firm entry play in a competitive market?( as this relates to price and competition)
Coronavirus Describe the virus’s adaptive strategies and what kind of selection would you ascribe this phenomenon...
Coronavirus Describe the virus’s adaptive strategies and what kind of selection would you ascribe this phenomenon to?
Using Porter's diamond model for national competitive advantage, discuss several barriers to entry that prevent companies...
Using Porter's diamond model for national competitive advantage, discuss several barriers to entry that prevent companies from entering certain countries or regions.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT