You are required to prepare a strategy implementation plan based on your companys strategic position assigned to
Question:
You are required to prepare a strategy implementation plan based on your company’s strategic position assigned to you by your lecturer. You will be assigned the following generic strategy positions: Differentiation
Use the following as a guide to set out your company’s functional unit’s sub-strategies. These must relate to the BSB Game decision making parameters
- Corporate Strategy
Briefly explain the strategy positioning assigned to you and then outline the implications for your footwear company.
- Marketing and Competitive Strategy
How are you going to meet customer needs in a competitive environment?
- Operational Strategy
How are you going to make the right quality shoe in the right place, delivered in the right time?
- Human Resource Strategy
How are you going to maximise the efficiency of your workers?
- Finance Strategy
How are you going to fund the company?
- Investor Strategy
What is your dividend policy?
Expert Answer:
Differentiation When a company differentiates itself from its competitors it offers a product that is unique in some way This allows the company to charge a premium price for its product Differentiati... View the full answer
Managing Controlling and Improving Quality
ISBN: 978-0471697916
1st edition
Authors: Douglas C. Montgomery, Cheryl L. Jennings, Michele E. Pfund
