Niche focused strategy - Study guides, Class notes & Summaries

Business Strategy - The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy -Focusing business priories on providing a lower-cost product or service. Differentiation Strategy - Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - Targeting business priorities toward addressing a specific section of the market Hybrid Strategy - Employing a combination of c...

MNGT 4800 Exam 1 –Questions With 100% Correct Answers 3 Central Questions all Businesses Face: 1. What is the present situation? 2. What should the company's Future direction be & what performance targets should they set? 3. What is our plan for running the company & achieving good performance results? The Central Task of a Company's Strategy is: To create, support, articulate, execute and defend a core belief about your business that is different from competition Competitive Advan...

Business Strategy - ANSWER the firm's working plan for achieving its vision, prioritizing objectives, competing successfully and optimizing financial performance with its business model Generic Strategies - ANSWER one is based on achieving lower costs than rivals, a second is based on differentiation from the competition and another is appealing to a narrow market segment within an industry. these can also be combined with each other Low Cost Provider Strategy - ANSWER striving to achieve...

BSG Exam 2 Questions With 100% Correct & Verified Answers Business Strategy - the firm's working plan for achieving its vision, prioritizing objectives, competing successfully and optimizing financial performance with its business model Generic Strategies - one is based on achieving lower costs than rivals, a second is based on differentiation from the competition and another is appealing to a narrow market segment within an industry. these can also be combined with each other Low...

WGU C432 Healthcare Management and Strategy Already Passed Acquisition The purchase (or merger) of an existing organization broad differentiation strategy type of strategy aimed at offering products that consumers perceive to be distinct from competitor's products and that appeal to a wide segment of a market Broad low-cost strategy type of strategy aimed at providing low-cost products to a broad customer segment Business model the underlying structure of an organization; the means through w...

Total Rewards - all forms of pay including cash benefits, tangiable/intangiable etc... what forms of pay are invoved in Total Reward for the Organization? - cash, benefits, intangiables. cash compensation - ____________ influences the employee in an organization HR Generalist impacts compensation by. - making the reward strategy and a business strategy line up. Compensation Manager's responsibility in the compensation plan? - improve compensation systems and beter enable the organiz...

GEB 4890 Exam 1 (CH 1, 2, 3, 4, 5&6) Already Graded A company strategy the set of actions that its managers take to outperform the company's competitors and achieve superior profitability. what makes a competitive advantage sustainable: are elements of the strategy that give buyers lasting reasons to prefer a company's products or services over those of competitors--reasons that the competitors are unable to nullify or overcome despite their best efforts. most basic 5 approaches for setting ...

GEB 4890 - Exam 2 Latest Already Passed business strategy A leadership plan that achieves a specific set of goals or objectives generic strategies fundamental philosophical options for the design of strategies low cost provider strategy striving to achieve lower overall costs than rivals on comparable products that attract a broad spectrum of buyers broad differentiation strategy seeking to differentiate the company's product or service from rivals' in ways that will appeal to a broad sp...

BSG Exam 2 Questions With 100% Correct & Verified Answers Business Strategy - the firm's working plan for achieving its vision, prioritizing objectives, competing successfully and optimizing financial performance with its business model Generic Strategies - one is based on achieving lower costs than rivals, a second is based on differentiation from the competition and another is appealing to a narrow market segment within an industry. these can also be combined with each other Low...

WGU C236 - Comp and Benefit Study Guide Already Passed Total Rewards all forms of pay including cash benefits, tangiable/intangiable etc... what forms of pay are invoved in Total Reward for the Organization? cash, benefits, intangiables. cash compensation ____________ influences the employee in an organization HR Generalist impacts compensation by. making the reward strategy and a business strategy line up. Compensation Manager's responsibility in the compensation plan? improve compensation...