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MNM3709 ASSIGNMENT 3 (CORRECT ANSWERS ) SEMESTER 2 DUE 1st OCTOBER 2024 GUARANTEED DISTINCTION. $2.81   Add to cart

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MNM3709 ASSIGNMENT 3 (CORRECT ANSWERS ) SEMESTER 2 DUE 1st OCTOBER 2024 GUARANTEED DISTINCTION.

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MNM3709 ASSIGNMENT 3 (CORRECT ANSWERS ) SEMESTER 2 DUE 1st OCTOBER 2024 GUARANTEED DISTINCTION. QUESTION 1 Evaluate the three generic strategies that companies can use to create a competitive advantage in Wiid, et al. (2020; 2024). Explain using practical examples what strategy OBC Meat and...

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  • September 19, 2024
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MNM3709 ASSIGNMENT 3
(CORRECT ANSWERS )
st
SEMESTER 2 DUE 1 OCTOBER
2024 GUARANTEED
DISTINCTION.
QUESTION 1

Evaluate the three generic strategies that companies can use to create a competitive
advantage in Wiid, et al. (2020; 2024). Explain using practical examples what strategy OBC
Meat and Chicken has used to create a sustainable competitive advantage. Keep each
example and justification under 100 words.

The three generic strategies companies can use to create a competitive advantage, as outlined by
Wiid et al. (2020; 2024), are cost leadership, differentiation, and focus strategy.




1. Cost Leadership : OBC Meat and Chicken may employ cost leadership by optimizing its
supply chain and production processes to reduce operational costs while maintaining product
quality. This enables them to offer competitive pricing to attract price-sensitive customers.

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