Levels of strategy • Corporate strategy (eg. Virgin‚ Nestle) Strategic Management Business‐level strategy Different ways of competing at the level of the individual Business Unit (SBU) How can competitive advantage be sustained? Hyper‐competition – Which industries/markets should we be in? – How is the corporate portfolio managed? • Business strategy (eg. Virgin Atlantic‚ Nestle babyfood) – Tactics used by an SBU to compete in the market • Generic strategies and how to sustain these
Premium Value added Strategic management
CORPORATE LEVEL STRATEGY OF APPLE COMPUTER INC. Low level of diversification (1976-1996) To examine what strategies have been used by Apple‚ we divided the period into two ages. The first age is in between 1976 until 1996 were we can observe that all the products sold by Apple were computer related. They started with Apple 1 and continuously developed their products up until the evolutionary of Macintosh. However‚ their development restrained only to computers‚ chips and software which indicates
Premium Apple Inc.
BMW. The Ultimate Driving Machine. The slogan pretty much speaks for itself and later on in the essay‚ you will know why. “We don’t make sports cars. We don’t make S.U.V.’s. We don’t make hybrids‚ and we don’t make luxury sedans. We only make one thing‚ the ultimate driving machine.” Germany has a long history of motoring excellence‚ with their top rank as BMW; powerful‚ yet refined. Vehicles designed for people who demand the best. Luxury cars‚ high performance cars‚ well-crafted cars; these
Premium BMW
MGT 550: Strategic Management Chapter 04: Business Level Strategy Instructor M. Moinul Haque Notable Quotes Alice said‚ “Would you please tell me which way to go from here?” The cat said‚ “That depends on where you want to get to.” Lewis Carroll Even if you are on the right track‚ you will get run over if you just sit there. Will Rogers 2 M. Moinul Haque‚ Premier University‚ Chittagong Business Level Strategy Core Competency The resources and capabilities that
Premium Strategic management Marketing
Chapter 5 Business Level Strategy Successful business model is the product of successful business level strategies. A successful business model can give a company competitive advantage over rivals. To craft a successful business model‚ strategic managers must determine three issues stated below: 1. What to be satisfied-customer’s needs: Customer needs are the wants that can be satisfied by the means of attributes of the products. Customers choose a product based on: A. Product differentiation
Premium Strategic management Marketing Management
BUSINESS LEVEL STRATEGIES Business strategies are the course of action adopted by an organization for each of its businesses separately‚ to serve identified customer groups and provide value to the customer by satisfaction of their needs. *Business level strategies can be classified into the following types:*- Cost leadership Differentiation strategy Focus strategy Integration strategy COST LEADERSHIP STRATEGY Benefits associated with cost leadership strategy:
Premium Strategic management Cost Management
1．Littleton (1969) outlined seven pre-conditions necessary for the development of double entry bookkeeping. Discuss each of these in the context of why Littleton felt they were essential. • Writing In the past‚ Many business owner had little education backgrounds. They had insufficient knowledge and had no idea why record keeping was important. Nowadays more and more businessmen are able to read and write and also the availability of paper make written records facilitate the adoption of double
Premium Balance sheet Double-entry bookkeeping system Property
BMW 11 BMW Marketing Analyzing Mohammad Farmand * SBUs (Strategic Business Unit) “The Munich-based company manufactures vehicles under several brand names‚ including BMW‚ Mini and Rolls Royce motor cars as well as‚ BMW motorcycles”. * PESTEL * Political “German VAT increases from 16 to 19%. Additionally‚ reforms put further burdens (e.g. increased health service contributions) on customers. This may reduce demand and could have an effect on the automobile industry. Political
Premium BMW Automotive industry
has a lot of business opportunities. 2. Largest population in China so there is a lot of potential customers. Threads: 1. Knockoff is a big problem in China and this will hurt the economy of China for sure. Corporate-Level Strategy Contrasting a decade ago and base on the SWOT analysis above‚ Apple now is a very powerful company with strong global brand name and loyal customers; we suggest Apple should use product development as its Corporate-Level Strategy. Corporate-Level Strategic Objective
Premium Marketing Strategic management Management
ISCA PROFESSIONAL EXAMINATION PILOT PAPER (NOVEMBER 2013) CORPORATE AND BUSINESS STRATEGY (CBS) SUGGESTED SOLUTIONS ISCA PROFESSIONAL EXAMINATION 2013 Term 2 Corporate and Business Strategy – Pilot Paper for Nov 2013 ISCA PROFESSIONAL EXAMINATION CORPORATE AND BUSINESS STRATEGY (CBS) 15 NOV 2013 SUGGESTED SOLUTIONS I. True or False questions (Q1 to Q10) (Total: 10 marks) 1. (F) High volume/low cost different from upward differentiation. 2. (F) Also depends on settling operations
Premium Vertical integration Strategic management Supply chain