Explain Changes in the Industry Often Leads to Discontinuation of Products
Problem 1- If there is high speed of change in an industry, which results to a low level of visibility of the future, the outcome will further result to major discontinuities which will impact on the firm historical success strategy.
Part 1- Discuss this concept using the five level turbulence scales? To be realistic, you may use real world company example to illustrate your response.
Key points:
strategic diagnosis
marketing branding
High speed-high competition
low level of visibility, level turbulence scale 1-3 is visibility and history
I need help to explain in brief assessment of the aggressive marketplace with the focus on organizations that execute products that are discontinued as a result of a saturated competition or other environmental deterrents. Products with low visibility are the products that are discontinued. Companies are at a significant disadvantage when they are unable to compete in an increasingly rapid marketplace. I discuss the closure of brick and mortar stores and how technology is the predominant factor of organizational closures.