Differentiation-Based Competitive Benefits
What are the Differentiation-Based Competitive Benefits?
Expert
Achieving a Differentiation-Based Competitive benefit:
a. While it is simple enough to grasp that a winning differentiation strategy must entail creating purchaser value in ways unmatched by rivals, the big question is which of four essential differentiating approaches to take in delivering unique purchaser value.
b. The first approach is to incorporate user features and product attributes that lesser the purchaser’s complete costs of using the product.
c. The second approach is to incorporate features that hoist product performance.
d. The third approach is to incorporate features that improve purchaser satisfaction in intangible or noneconomic ways.
e. The fourth approach is to differentiate on the foundation of capabilities – to deliver value to consumers via competitive capabilities that rivals can’t afford and don’t have to match.
What are the complications of a concentrated low-cost or concentrated differentiation strategy?
What is important strength of the collaborative strategy?
Briefly describe the two important cost factors which must be considered before embarking on the risk analysis?
Define the term Social Responsibility.
What do you understand by the word ‘Path Goal Theory’?
What factors are considered through weaknesses and strengths resources of a company?
What are the strategies to widen a diversified business base of company?
Illustrates the advantages of partnering with others to gain extra competitive capabilities?
Is the company competitively weaker or stronger than key rivals?
Illustrates the cross-subsidization of a strategy of diversifying?
18,76,764
1932548 Asked
3,689
Active Tutors
1454814
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!