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Alternative Courses of Actions Mktg11
Alternative Courses of Actions Mktg11
This will help to develop more sustainable competitive advantages to generate long-term revenue
growth
This will benefit the moral and mental well-being of employee because they were better trained
and more productive
Disadvantage:
Assumes greater education will always bring about higher income
Advantages:
Disadvantages:
A number of alliances can involve a clash of corporate cultures or the perceived diminution of
independence
One partner which handles all of its business internally must now depend on a second partner
It can become a distraction and may create confusion within the marketplace
This approach recognizes that people often make purchasing decisions based
more on psychology than on logic, and that what's most valuable to the customer may not
be what's most expensive to produce.
Advantages:
Its pricing strategy is unique in a way that the company allows businesses to advertise on its
platforms with a small budget
This will give the customers an opportunity to set daily or lifetime budgets for advertisements
and they have a total control over the advertisements in terms of choosing the appropriate
audience and editing or stopping the budget at any time
This will lead to opportunities to increase the prices and revenue while monitoring the
competition
Disadvantage:
If Facebook just focuses on competing with the other players in the market, there is a risk of
losing from margins
4. Service diversification
This is a corporate strategy to enter into a new products or product lines, new
services or new markets, involving substantially different skills, technology and
knowledge.
Advantages:
Disadvantages:
Limits the growth opportunities for an entity
The focus on the operations will be limited, thereby limiting the innovation within the entity
Lack of expertise in the new field can prove to be a setback for the entity.