Question: The article the five competitive forces that shape strategy suggests three strategies on pages 1 2 to 1 6 : positioning, exploiting, and shaping. The
The article "the five competitive forces that shape strategy" suggests three strategies on pages to : positioning, exploiting, and shaping. The core idea of the third strategy ie shaping is consistent with the shaping approach to strategy proposed by the BCG book. The shaping strategy described in the Porter's article allows companies to reshape industry structure and redivide profitability in favor of incumbents. The following are all examplesexplanations of shaping strategy EXCEPT
Question Answer
a
If Marriott seeks alliance with Hilton Hotel to undermine the power of online travel agencies, the strategy can be understood as a shaping strategy.
b
If a startup ie a nd tier supplier that produces supervision systems for autonomous vehicles can work with a buyer's buyer ie an OEM to customize its product, thereby reducing the share of profits that leak to its powerful buyers iest tier suppliers this strategy can be seen as a shaping strategy.
c
If a firm intends to standardize specifications for parts to make it easier to switch among suppliers, this strategy can be understood as a shaping strategy.
d
Paccar, a Washingtonbased truck manufacturer, has chosen to focus on one group of drivers who own their trucks and serve as subcontractors to larger trucking companies. This strategy can be understood as reshaping strategy. The case of Paccar can be found in the Porter's article: the five competitive forces that shape strategy
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
