Question: strategic management QUESTION 2 Strategy implementation poses a great challenge to firms, big and small, conventional and Sheria compliance in a variety of industries, locally

strategic management QUESTION 2 Strategystrategic management

QUESTION 2 Strategy implementation poses a great challenge to firms, big and small, conventional and Sheria compliance in a variety of industries, locally and abroad. Pandemic Covid-19 that affects all businesses globally, including "halal" products and services: healthcare, travel and touris, financial services, pharmaceuticals and cosmetics. Based on this statement, answer the following questions: What would be your advice to the less than five-year old small and medium enterprises (SMEs) in Malaysia or your native country that operate one of the halal businesses mentioned earlier to market their products locally or globally under the current Pandemic Covid-19 context? Answer this question by answering part (a), (b) and (c) below: a. Specifically, state your chosen marketing strategy: market development, product development, or market penetration. Next, create a product positioning map comprising environmental friendliness on one axis and customer friendliness on another axis. State two (2) relevant items in each quadrant (cell). You may use the table below as an aid to answering the question. Finally, state the quadrant or cell that will be the basis for your halal product/service positioning strategy. (1 + 6 mark)

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!