MNM3709 ASSIGNMENT 3 (CORRECT ANSWERS ) SEMESTER 2 DUE 1st OCTOBER 2024 GUARANTEED DISTINCTION.
19 views 0 purchase
Course
Strategic Marketing
Institution
University Of South Africa
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...
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.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.81. You're not tied to anything after your purchase.