Low Cost Leadership Strategy Case Study

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1. What is your understanding of a company’s strategic plan? 2. Outline a company’s process involved in strategic making and the execution of the plan. 3. What is the purpose of a company’s strategic vision? Is it important for the company to make stakeholders aware of the vision? Why? 4. What are the differences between a company’s vision and its mission? 5. What makes a company’s culture outstanding to its peers in the market? 6. Define a company’s objectives? What is the significance of setting strategic objectives for you company? 7. Define and state the purpose of short and long-term strategic company objectives? 8. What does a company’s strategic plan encompass? When does it succeed? What does managers need to do to manage the strategic …show more content…

What is your understanding of the objectives of a competitive strategy? 15. When does any company achieve its competitive strategy? 16. At what time is a competitive strategy that strives to achieve low cost provision become attractive? What are the primary risks that emanate from low-cost leadership strategy? 17. Is achieving a competitive advantage over rivals significant for a company? Why? What does it involve? 18. What factors acts as a barrier to a low-cost leadership strategy? 19. Which market situations allow broad differentiation strategy succeed in the market? When do you expect a broad differentiation strategy increase the company’s profitability? What market circumstances fails to favor broad differentiation strategies? 20. What is the distinction between a focused differentiation and a broad differentiation strategy? 21. What is the significance of assessing completive strength rating of a company vs. its competitors by use of the industry’s most basic measure of rivals strength or weakness in the marketplace? 22. What are the components of a company’s external environment? What tools would you use to evaluate the company’s external environment? 23. What is PESTLE? What forces lead to industry change? What tool is used to assess PESTLE …show more content…

Define corporate culture? Do leadership shape organizational culture? How? 43. What are the levels of organizational culture? 44. Did whole foods strategies showcase its vision? How? 45. Elaborate Whole Food’s business approach? 46. Did Apple, Inc. embrace a successful strategic strategy in 2010? Why? What was the role of the then CEO, Steve Jobs? 47. Which were the Apple’s core values, vision, mission and strategy that drove the company success? 48. How did Steve Jobs execute Apple’s strategy in 2010? 49. What were the attributes of Dell’s strategic plan in 2008? 50. Evaluate Dell’s, core values, vision and mission as well as its financial strategy that made the company outshine Hewlett-Packard in production of personal computers in 2008? 51. State the challenges eBay faced back in 2008 as an e-commerce business? 52. What challenges did eBay face when it comes to consumer decision making under different circumstances? 53. What were the trends in the Steel market Nucor had to deal with? How did Nucor place itself strategically to compete for its market share in the steel industry? What was the company’s strategy? 54. Illustrate Southwest Airlines culture, values and operating practices? Did the culture work in favor of the business success of not?

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