Coherent and relevant aspects of strategy

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Reference no: EM131965046

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Part 1. Analogical Measurement: Coherent and Relevant Aspects of Strategy.

Section A:

Instruction: Do you agree or disagree with the following statements? Why Yes or why No? Defend your answer in two lines.

1. A strategic capability to become a competitive advantage, it has to be unique.

2. Threat of new entrants is high when product differentiation is low.

3. It is important to distinguish between objectives and strategy.

4. The most important corporate objective is to maximise profit.

5. "Positioning" is how a firm fights competition.

Section B:

Consider yourself as a consultant of the following types of organisation, you are asked to develop and recommend a tagline that would create a space in the minds of the target clients the business organisation is in? Answers can be benchmark from the example shown below.

Examples:
a. Sarah del Serrano, the beauty expert, said "I don't sell cosmetics, I sell hope",
b. A marketing manager of an insurance company said, we sell "Peace of Mind".
1. A five-star hotel
2. A travel agent
3. A restaurant (specialising organic and healthy food)
4. A hypermarket
5. A house-builder

Reference no: EM131965046

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