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 Answer to the question no 3:

The role that prime management will play in helping an organization come


through superior potency, quality, innovation, and responsiveness to customers
is ensuring  that when it's time to set goals for efficiency, quality, innovation and
responsiveness that they have to be hard. The workers has to know how these goals are
going to be achieved, have incentives se so as to achieve these goals and make
certain the company is budgeted for these varieties
of goals. once when management create these forms ofstandards, they have to
create the management workers remember therefore all will work on a
similar company’s goals. The role of top management is totally crucial in
achieving every of those goals.
TOP management role can play achieve the goal superior efficiency :

Economies of Scale:

Learning Effects:

Experience Curve:

Flexible Manufacturing and Mass Customization

Marketing:

Materials Management and Supply Chain:

R&D Strategy

Human Resource Strategy

Information Systems

Infrastructure

quality:

1. Quality can be thought of in terms of two dimensions and gives a company two advantage
Quality as reliability :They do the jobs they were designed for and do it well
Quality as excellence :Perceived by customers to have superior attributes
A strong reputation for quality allows a company to differentiate its products.
Eliminating defects or errors reduces waste, increases efficiency, and lowers the cost structure
increasing profitability.
innovation:Building distinctive competencies that result in innovation is the most important
source of competitive advantage.

Innovation can:

Result in new products that satisfy customer needs better

Improve the quality of existing products

Reduce costs

Innovation can be imitated -

So it must be continuous

Customer responsiveness: giving customers what they want, when they want it, and at a price they are
willing to pay - as long as the company’s long-term profitability is not compromised.

Focusing on the customer


Demonstrating leadership

Shaping employee attitudes

Bringing customers into the company

Satisfying customer needs

Customization
Tailor to unique needs of groups of customer
Response time
Increase speed
Premium pricing

answer to the question no 2:


A mature industry is dominated by a small number of large companies whose actions are so highly
interdependent that success of one company’s strategy depends on the response of its rivals.

A declining industry is one in which market demand has leveled off or is falling and the size of total
market starts to shrink. Competition tends to intensify and industry profits tend to fall.

experiences a higher A growth industry is that sector of an economy which -than-


average growth rate as compared to other sectors.
barrier :

Government Barriers to Entry

Natural Barriers to Entry

Industry-Specific Barriers to Entry

Industry analysis is a tool that facilitates a company's understanding of its

position relative to other companies that produce similar products or services.


Understanding the forces at work in the overall industry is an important

component of effective strategic planning. Industry analysis enables small

business owners to identify the threats and opportunities facing their

businesses, and to focus their resources on developing unique capabilities that

could lead to a competitive advantage.

These factors are outlined below:

INDUSTRY FORCES
Ease of Entry
Power of Suppliers

Power of Buyers
Availability of Substitutes
Competitors

 The appearance of new or stronger competitors


 The emergence of unique technologies
 Shifts in the size or demographic composition of your market area
 Changes in the economy that affect customer buying habits
 Changes in customer preferences that affect buying habits
 Changes that alter the way customers access your business
 Changes in politics, policies, and regulations
 Fads and fashion crazes

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