Saturday 9 November 2013

Question - Generic Competitive Strategies

Now, let's continue  ^_^

Air Asia                                             Facebook
Proton                                               Nike
Tesco                                                IKEA
Avon                                                 Porche
Bonia                                                Al-Ikhsan
Coca-Cola                                         Rolls-Royce
Mydin                                               Malaysia Airlines
Google                                              Old Town Kopitiam
JW Marriott                                       Perodua
Giant                                                 Kamdar
Kia Motors                                        Toyota
Digi                                                   Maxis
Subway                                             Victoria's Secret
Louis Vuitton                                     Honda
KFC                                                 McDonalds

The questions are :

1)  place each firm you know in one of the four categories of generic business strategies and explain your choices.
        a) broad cost-leadership
        b) focused cost-leadership
        c) broad differentiation
        d) focused differentiation

2)  what are some common features for firms you have placed within each category?


I answered what I understand from this topic... 

1) 
     a) broad cost-leadership : KFC and McDonald
                                        - everyone can go because the price is affordable for everyone


     b) focused cost-leadership : Mydin and Kamdar
                                                   - company gives the low price but their target market is                                                        narrow who want to buy thing in bulk

     c) broad differentiation : IKEA
                                              - even IKEA is luxury item but the price is suitable to                                                             customer to buy it

     d) focused differentiation : Louis Vuitton and JW Marriott
                                                  - this brand focused on high class people because it quiet                                                      expensive.

         




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