How does differentiation, cost leadership, and integration support a forward-looking business strategy?

Solutions

Expert Solution

These three strategies are top level business strategies which helps business to look forward and help them to achieve competitive advantage which should be the forward aim of every business.

Differtiation strategy help business to gain competitive advantage by having unique factor which is not present in its rival business companies so due to this strategy business move forward and have profitability in business. For example Starbucks and apple have competitive advantage and moving forward in business due to this strategy.

Low cost or cost leadership strategy helps business to be profitable by lowering business cost and gain competitive advantage like Walmart and Amazon has competitive advantage due to low cost business leaders.

Integration strategy is control strategy and allow a firm to gain control over distributors, suppliers, and/or competitors.

For example Netflix has it's own production and distribution department control to make business more forwaed looking and profitable.

In short these strategies are focused on making future of business more profitable and sustainable.

keosha answered 1 month ago

Next > < Previous

Related Solutions

Distinguish between how managerial accounting would support the strategy of cost leadership and the strategy of...

Distinguish between how managerial accounting would support the strategy of cost leadership and the strategy of product differentiation. Give 2 paragraphs and use examples when needed.

what is chipotles current generic business strategy and why? the four strategies are 1)cost leadership 2)differentiation...

what is chipotles current generic business strategy and why? the four strategies are 1)cost leadership 2)differentiation 3)cost focus 4) differentiation focus

1. Compare and contrast differentiation and integration. How are differentiation and integration related in an effective...

1. Compare and contrast differentiation and integration. How are differentiation and integration related in an effective organization? 2. What is the difference between responsibility, authority, and accountability?

There are three approach of business level strategy : diversification strategy, cost leadership strategy and and...

There are three approach of business level strategy : diversification strategy, cost leadership strategy and and focus strategy. Please explain what is diversification strategy and cost leadership strategy and give example in coffee industry in Indonesia. (30 points

Give two example of:(and justify them ) 1-focus cost leadership strategy 2-focus differentiation strategy

please no plagiarism in this Explain how an overall cost leadership strategy enables a business to...

please no plagiarism in this Explain how an overall cost leadership strategy enables a business to address the five competitive forces in such a way that it can enjoy high levels of profitability.

For AT&T: What is your organizations principal business-level strategy: low cost or differentiation? How successfully is...

For AT&T: What is your organizations principal business-level strategy: low cost or differentiation? How successfully is the organization pursuing this strategy? In what ways does it need to improve its core competences to improve its competitive position?

Question