Discuss the challenges facing Company A that stem from having to compete against both Company Y and Company Z.
Discuss the challenges facing Company A that stem from having to compete against both Company Y and Company Z.
You are the CEO of Company A, a profitable market share leader employing a best-cost provider strategy.
However, you are now facing significant competition from Company Y (broad differentiation), and Company Z (low-cost provider).
Over the next 12 months, you cannot change your generic strategy.At the same time, you cannot wait a year to deal with the growing threats from Company Y and Company Z.
- Discuss the challenges facing Company A that stem from having to compete against both Company Y and Company Z.
- Identify at least two positioning strategies that will enable you to strengthen your competitive position with Company Y and/or Company Z.
At least 1 must deal with Company Y, and at least 1 must deal with Company Z.
You must explain how each option is consistent with your best-cost provider strategy and how each option will enable you to maintain or increase profitability and/or market share.
Required.
- Exam essay format (APA not required).
- 1-1½ pages.
- Write essay in this document beginning on the next page
Answer preview…………
apa 291 words