Creating advantage, synergy, and commitment versus opportunism versus adaptability
5 important questions on Creating advantage, synergy, and commitment versus opportunism versus adaptability
What is a SCA? And name two examples.
- Carrefour: cost advantage because of economies of scale
- Ryan air:point-to-point travel model for low prices
What is the difference between an KSF and a SCA?
What is POD and POP?
POP: Points of parity ( necessary to present a realistic offering within a certain category.
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What is an alliance what is the goal and name one example.
E.G Often are the key to successful internet strategy like Facebook combined with many small alliances to drive internet traffic
What are the 3 approaches/philosophies to develop successful strategies and sustainable competitive advantages?
- Strategic commitment ( improvement of existing strategy for the long-term like Google wants to be the best search engine)
- Strategy opportunism ( focus on the present on achieving profits )
- Strategic adaptability ( adapt offerings while market dynamics evolve )
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
