answered on 04-Oct-23 10:00
Where a competitor should be placed in a mendelow's matrix?
Competitor is not a stakeholder
MCQ - New syllabus - Chapter Wise
answered on 27-Sep-23 19:18
When cab we expect MCQ for SM - New Syllabus - Chapter wise ? Thank You
Thank you for the update
Liju K Nair
Dynamics of competitive strategy
answered on 24-Aug-23 08:52
Can anyone explain the differences between capabilities, competency and core competency?
Capabilities encompass the broader range of skills and resources an organization possesses. Competency focuses on the specific skills and attributes of individuals or teams. Core Competency highlights the unique strengths and strategic advantages of an organization that contribute to its competitive edge. To give you an analogy, think of a company as a toolbox. The tools inside the toolbox (competencies) contribute to the company's ability to perform various tasks, and the toolbox itself (capabilities) represents the overall range of tools available. Among those tools, there might be one or two specialized tools that the company is particularly skilled at using, and these tools could be considered the core competencies that truly distinguish the company from its competitors.
Strategic management process
answered on 25-Jul-23 12:11
Answer is given as strategic implementation. Could you explain why?
answered on 16-Jul-23 08:26
Studying Indigo learn notes for strategic management. Is that enough to get rank
answered on 06-Jul-23 13:48
Plz explain last para of Q.8
New vs old
answered on 05-Jul-23 13:38
Is there any difference in content?
answered on 29-May-23 08:35
Can you pls explain to me the difference between the divisional structure, multi divisional structure and SBU structure? All 3 look same
Ok sir thanks a lot
Strategic decision making
answered on 22-May-23 11:39
What are environment variables?
Environment variables in strategic decision making refer to the external factors and conditions that can significantly influence the outcome and success of strategic decisions made by an organization. These variables encompass a broad range of elements that impact the business environment and can include: Economic Factors: Variables such as economic growth, inflation rates, interest rates, exchange rates, and consumer purchasing power affect the financial viability of strategic decisions. For example, an organization may choose to expand into a new market based on favorable economic conditions. Social and Cultural Factors: These variables pertain to societal and cultural trends, values, attitudes, and demographics. They influence consumer preferences, behavior, and market demands, which are crucial for strategic decision making. For instance, a company may need to consider cultural differences when launching a marketing campaign in different regions. Technological Factors: The pace of technological advancements, availability of new technologies, and the level of innovation in the industry are vital environment variables. Organizations must adapt their strategies to leverage emerging technologies or defend against disruptive ones. Political and Legal Factors: Government policies, regulations, trade laws, taxation policies, and political stability impact strategic decision making. For example, changes in regulations might necessitate altering supply chain strategies or manufacturing processes. Environmental Factors: Increasingly, environmental considerations play a significant role in strategic decision making. Factors such as climate change, sustainability, resource availability, and environmental regulations can shape an organization's long-term strategy and reputation. Competitive Factors: The competitive landscape, industry dynamics, market saturation, and the actions of competitors are essential variables. Organizations must assess the competitive environment to develop effective strategies for market positioning, differentiation, and growth. Industry and Market Factors: Factors specific to the industry and market in which an organization operates are crucial. This includes factors such as market size, growth rate, customer preferences, distribution channels, and barriers to entry.
SM - Q.5 - Study Material
answered on 06-Apr-23 09:22
The answer for this question, as per our Study material, is "Differentiation strategy". But, I thought it would be "Focused Differentiation" strategy as it caters to a particular segment (narrow market). Can anyone please help me to differentiate between these two? How to identify it in the exam? Any clue or hint to identify it in case studies?
Varshaa Read it carefully it is not a narrow Market As it survives to a large market of newly born kids and mothers it would have been a small market if they told you a very small market like small jurisdiction, small number of buyers etc