Attractiveness of focused low-cost differentiation strategy
When is a focused low-cost or concentrated differentiation strategy more attractive?
Expert
Focused low-cost or concentrated differentiation strategies more attractive when following condition are meeting as given below:
a. The target niche is bulky enough to be cost-effective and offers good growth potential.
b. Industry leaders do not observe that having a attendance in the niche is crucial to their personal success.
c. It is expensive or hard for multi-segment competitors to situate capabilities in place to meet specialized requirements of the target market niche and at the similar time satisfy the expectations of their mainstream consumers.
d. The industry has lots of different and sections.
e. Few, if any, other rivals are attempting to specialize in the similar target section.
f. The focuser can fight effectively against the challengers based on the resources and capabilities it has to serve up the targeted niche and the consumer goodwill it may have built up.
Illustrates the appeal of Multi-national Diversification?
Illustrates the concept of Driving Forces?
Describe about the Global Strategic Offensives.
State the term Management?
Write down the steps included in strategic marketing process?
What is the factor the cadence of rivalry affected?
Identify the important outcome which each organization continued from implementing a strategy which tied incentives directly to strategy execution.
What are the actions of a company during enforcing ethical behavior?
Define the displaying ethical integrity and leading social responsibility initiatives.
Define the procedure to managing the strategy execution.
18,76,764
1957268 Asked
3,689
Active Tutors
1420200
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!