Task: You will respond to the following discussion questions using high level critical thinking and writing skills:
Problem 1: Discuss the three primary strategies (low cost, differentiation, and niche) that organizations can implement and explain how each can help the organization achieve a sustained competitive advantage.
Problem 2: Discuss how an organization can manage the supply chain, backward and forward, to gain a competitive advantage in the marketplace.
Problem 3: Discuss why an organization may need to change its culture and how it may proceed to make organizational culture changes.
Problem 4: Discuss the concept of pricing strategy (cost +, value pricing) and how an organization can achieve a competitive advantage through its pricing strategy.
Problem 5: Discuss the impact of operational efficiency and how it impacts an organization's competitiveness.
This assignment comes from this book: Crafting and Executing Strategy concepts and cases Custom Edition: 08 Strayer University
ISBN: 0077295897
Taken from: Crafting and Executing Strategy: the Quest for Competitive Advantage
Concepts and cases, Sixteenth Edition
By Arthur A. Thompson, Jr., A.J. Strickland III and John E. Gamble