MNM3709 Assignment 3
(COMPLETE ANSWERS)
Semester 2 2024 - DUE 1
October 2024 ; 100%
TRUSTED Complete,
trusted solutions and
explanations.
, 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. MARKING RUBRIC FOR QUESTION 1 Strategies 0 Mark 1
Mark 2 Marks Selection of generic strategy No choice with justification is
provided. The choice of strategy or justification is not relevant to OBC. The
information provided is incorrect. Only a choice of strategy with justification is
provided/correct for OBC. A clear, correct choice of strategy with justification
is provided for OBC. Justification for choice of strategy Only theoretical
discussion is provided. The choice of strategy does not apply to OBC Meat
and Chicken. An incorrect theory is applied in the practical example. The
student copied examples from other sources including but not limited to
websites/other students/AI generated examples. The student did not show
evidence of thinking critically or applying practical knowledge. Example is
related to OBC but lacks details or is not clear. The student has attempted to
connect the strategy to OBC but the connection is inadequate. The student
has showed some critical thinking but it is limited. The explanation is too long
(more than 100 words). A clear but brief example of the strategy is provided
for OBC. The student has demonstrated critical thinking and application of
practical knowledge in a clear, concise manner. In-text citations and verbatim
copying No in-text citations are provided. Sentences or paragraphs are copied
verbatim from sources. Synonyms are used to present the information
differently. In-text citations are provided but they are not in the CEMS Harvard
referencing style. In-text citations are provided but not for strategies. In-text
citations are provided for all strategies in the CEMS Harvard referencing style.
The content is rephrased in own words and explained clearly without copying
the work of others. TOTAL: 6 MARKS MNM3709/104/2/2024 10
To evaluate the three generic strategies for competitive advantage as per Wiid et al. (2020;
2024), we look at cost leadership, differentiation, and focus. Let’s examine each strategy and
apply it to OBC Meat and Chicken.
1. Cost Leadership: OBC Meat and Chicken might use this strategy by focusing on
operational efficiencies to reduce costs. For instance, they could optimize their supply
chain and logistics to lower expenses, allowing them to offer competitive prices on their
meat products.
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tonniearedo28. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R44,77. You're not tied to anything after your purchase.
