What is Distinctive competency
Explain the term Distinctive competency?
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Distinctive competencies include the firm’s specific strengths which enable the company in order to differentiate its products and attain considerably lower costs rather than its rivals and therefore achieve the competitive advantage; competencies happens from the two complementary resources, sources and capabilities.
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Define the term strategic Group?
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Explain the term strategic myopia?
What are the value match-ups of LVMH's diversification into luxury goods? What are the opportunities for skills transfer, cost sharing, brand sharing?
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Are strategies and policies as important in a non business enterprise (such as a lobour union, State Department, a hospital or a city fire department) as they are in a business? Why and how?
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