Explain the two types of competitive strategy

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2-1 Identify and explain the two types of competitive strategy.

2-2 Identify three or four well-known firms that succeed through cost leadership.

2-3 Identify three or four well-known firms that succeed through product differentiation.

2-4 How are the four strategic resources-SWOT analysis, execution, the value chain, and the balanced scorecard-linked in a comprehensive strategic analysis?

2-5 What is a strategy map and how is it used?

2-6 What is SWOT analysis? For what is it used?

2-7 What is the role of the management accountant regarding nonfinancial performance measures such as delivery speed and customer satisfaction?

2-8 What is a critical success factor? What is its role in strategic management and in cost management? 2-9 Identify four or five potential critical success factors for a manufacturer of industrial chemicals.

Explain why you consider those factors critical for the firm to be successful.

Reference no: EM131116776

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