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?
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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What are the value chain match-ups of LVMH's Diversification case study?? What are the opportunities for skills transfer, cost sharing or brand sharing?
There are two questions, both of them are response of some discussion of the strategic operation management, the topic is mainly about globe integration.
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