Question: pls answer 2-6 From your research into Industry A. you uncovered the following market size information and the market shares held by your key your
pls answer 2-6
From your research into Industry A. you uncovered the following market size information and the market shares held by your key your competitors After analyzing the data, you have concluded that one of the companies is following a strategy that is distinctly different from the other players 1. Identify which company is using the distinctly different approach 2.Name and define the generic strategy/approach the company is using to gain competitive advantage. 3. Explain 2 benefits of this approach to gain competitive advantage 4. Describe 2 tactics must they avoid doing to remain successful 5. Describe 3 conditions likely exist for this company in the market and their external environment to succeed with their approach 6. Describe 3 strategic actions they should take to sustain their competitive advantage Total Units Total Revenues Companies in Industry A Company F Company G Company H Company) Company K All other companies in Industry A combined 200 125 80 40 680 550 360 164 132 30 200 800
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