Question: Assignment Overview: This assignment aims to help you understand the strategic drivers for the sensor industry & know what tactical decisions will help your company

Assignment Overview:
This assignment aims to help you understand the strategic drivers for the sensor industry & know what
tactical decisions will help your company develop a clear competitive advantage.
OVERALL INSTRUCTIONS:
Write a team playbook on what decisions & rules make sense for your company based on a particular
strategic position.
Choose ONE of the four strategic positions:
o Broad Cost Leader
o Niche Cost Leader
o Broad Differentiator
o Niche Differentiator
o Low-Cost Life Cycle Strategy
o Differentiator Life Cycle Strategy
Write your analysis showing how a sensor industry manufacturer would meet that strategy through
company decisions.
o Be specific in your decisions & rules.
WRITING SECTIONS
Introduction Name the strategic position you chose & why.
Product Mix & Target Markets
o Which products would your company keep manufacturing?
o Which customer segments would your company focus on capturing?
Explain why these products & customer segments are the best choice for your
strategy.
Research & Development
o What rules would guide company R&D decisions for each product(s), customer
segments, & the overall strategy?
o Questions for consideration: (DO NOT WRITE IN A Q&A FORMAT.)
Would you aim to be a market leader in performance & size upgrading
products every year?
Would you aim to lag the customer specifications limiting your R&D
expenditures?
(Life Cycle Strategy When
products are left to age &
replace older products which
are discontinued over time.)
BMGT2299 MINI-Case Guidelines -2
Would you focus on certain products for more R&D changes & less for others?
Would you create new products? If so, what segment(s) & why?
Would delete products & leave a customer segment? If so, what segment(s) &
why?
Would you target a specific time of the year to release new product
specifications? Is so, why?
Would you aim for the highest quality through a high MTBF or lower quality
with a lower MTBF? Why

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!