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One hinderance is the fact that whatever strategy you thought of will be replaced by a better strategy tomorrow.

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15y ago

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Quick responsiveness to market changes is least critical for a company?

pursuing a focus strategy


What type of marketing strategy has MSCSB been pursuing?

MIMOS' mission is to pioneer information and communication technologies (ICT) to grow globally-competitive indigenous industries.


Which is not a good reason for choosing a strategy before objectives?

Choosing a strategy before defining objectives can lead to misalignment between actions and desired outcomes. It may result in pursuing initiatives that do not adequately address the core goals of the organization. Additionally, without clear objectives, it becomes challenging to measure the effectiveness of the strategy, leading to wasted resources and efforts. Ultimately, a lack of objectives can cause confusion and inefficiency in decision-making.


When a company services the broad market and has a low degree of product differentiation it most likely pursuing what?

When a company services the broad market with a low degree of product differentiation, it is most likely pursuing a cost leadership strategy. This approach focuses on minimizing costs to offer competitive prices, attracting a large customer base. By providing standardized products or services, the company can achieve economies of scale and maintain profitability while appealing to price-sensitive consumers.


What strategy company like Petco pursuing by entering pet hotel market?

If a company like Petco were or enter into the market if pet hotels, they would most likely hold a monopoly over other establishments. They are a well known pet brand & pet owners are familiar with their stores & products.

Related Questions

What strategy should a company pursuing a multidomestic strategy adopt?

Global geographic


What are some hindrances to research and why they are called hindrances?

Some hindrances to research include lack of credible sources to gather information from. They are called hindrances because they prevent proper research from taking place.


What multinational strategy is Molex pursuing-localization international global standardization or transnational?

Transnational


Quick responsiveness to market changes is least critical for a company?

pursuing a focus strategy


What multinational strategy is Molex pursuing localization international global standardization or transnational?

Transnational


What are the hindrances of studying trigonometry?

There are no hindrances. If you put your mind to it, any subject can be mastered.


What product-mix strategy is Disney pursuing with the development of the new park in HongKong?

product mix


What is the principal strategy the CEO of KFC is pursuing?

boost the u.s operation it sell of and exist the market


What are some hindrances to research and why they are called hindrance?

Some hindrances to research include lack of credible sources to gather information from. They are called hindrances because they prevent proper research from taking place.


Why is that scientific research hindrances are called hindrances?

Scientific research hindrances are termed "hindrances" because they obstruct or impede the progress of research activities. These obstacles can arise from various factors, such as limited funding, lack of access to resources, regulatory challenges, or methodological constraints. By identifying these hindrances, researchers can work towards overcoming them, ultimately facilitating more effective and efficient scientific inquiry.


Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously Why or why not?

Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not?


How would you characterize the strategy Coke is now pursuing?

Coke is now pursuing a transnational strategy which actually is a combination of both Global and Localization Strategy. The firm seeks to combine the benefits of global-scale efficiencies with the benefits of local responsiveness. Interchange still occurs between the home base and foreign subsidiary and between foreign subsidiaries - a process known as global learning