1- The low-cost provider has an advantage where product offerings in a market are similar and...

1- The low-cost provider has an advantage where product offerings in a market are similar and more-or-less interchangeable. Why is this? In a differentiation strategy, would one expect higher margins or lower margins, and what are some common bases of differentiation? What does it mean to say that a company strategy is “stuck in the middle”?

2- When a company looks at its portfolio of businesses in a BCG analysis, it probably sees no value in having “dogs” in the portfolio, but a balance in the other three sectors would be valuable. Why would some constituent businesses in each of the other three quadrants (star, cash cow, question mark) be desirable?

3- For a football season, how might a college enhance the experience for a number of groups of fans by offering “multiple strategies”?

Expert Solution

1)The low-cost provider has an advantage where product offerings are similar since the cost is the only differentiation factor and lower the cost will increase the value of the product. It is like getting more for less. Therefore, a low-cost provider has the advantage in similar offerings.

In a differentiation strategy, one would expect higher margins since the product has features which are not available in other competitors and people are willing to pay more for experiencing new features.

Some of the common bases for differentiation are product features, product size, color variety, ease of use or portability etc.

Stuck in the middle means a product which is neither a cost leader nor a differentiation leader but is providing a product with few features at a middle of the range cost. People will not buy this product since it costs more than competitors nor does it provides any additional product features.

2)The constituent business in each of the three quadrants are desirable since it balances the portfolio and reduces dependency on a single quadrant. The cash cows are steady business which provides cash flow for investment in stars. Stars are the future and need investment from cash flow and will take over as future cash flow. Question marks are needed since they may become converted to stars and hence it is desirable to keep them till there is more clarity.

3)A college can experience the number of groups of fans by offering them better stadium experience and providing specialized group passes or making a fan club and providing memberships.

keosha answered 3 months ago

The low-cost provider has an advantage where product offerings in a market are similar and more-or-less...

The low-cost provider has an advantage where product offerings in a market are similar and more-or-less interchangeable. Why is this? In a differentiation strategy, would one expect higher margins or lower margins, and what are some common bases of differentiation? What does it mean to say that a company strategy is "stuck in the middle"?

2. Regarding efficiency, how is social cost-benefit analysis similar to a product market where consumer maximize...

2. Regarding efficiency, how is social cost-benefit analysis similar to a product market where consumer maximize welfare by allocating resources and firms maximize profit? Why is social cost-benefit analysis necessary in some contexts?

Companies where IT is an important part of their product offerings presumably also have a sales...

Companies where IT is an important part of their product offerings presumably also have a sales force that is well versed in technology. Why is it then necessary to take the CIO along on customer visits? Discuss

find a product or service where a particular country or company has a comparative advantage in...

find a product or service where a particular country or company has a comparative advantage in producing it. discuss the comparative advantage the country or company has in producing that good or service. and discuss why it is advantageous to specialize and how working towards one self interest benefits society. response should be 350 words illustated with examples. please type it so i can read it. please and thank you

1- If a patient has low T3 and T4, and low TSH where is the disease,...

1- If a patient has low T3 and T4, and low TSH where is the disease, and what are the consequences?

Core Market Offerings and Defining the Product From the case study, take a position on whether...

Core Market Offerings and Defining the Product From the case study, take a position on whether Tropicana did or did not make a major mistake in changing its product packaging. Next, suggest the next two (2) steps that you believe Tropicana should take in its branding strategy in order to counteract the initial negative response to the new product packaging. Provide a rationale for your response, and do not duplicate your classmates’ responses. From the scenario, prioritize the attributes of...

Can you think of a company that has adjusted its product or services offerings as a...

Can you think of a company that has adjusted its product or services offerings as a result of demographic changes in yoir city? if so were those changes that were made appropriate or not

Consider a market where each operating firm has the cost function c(y) = 2y2 + 1....

Consider a market where each operating firm has the cost function c(y) = 2y2 + 1. The firms in this market face the industry demand function given by y = 204 − p. What is the industry supply function if there are n firms in this market? What is the equilibrium price in the long run for this market? Assuming free entry and exit of firms, how many firms will operate in this market in the long run and how...

1. In perfect competition, the price of the product is determined where the market average variable...

1. In perfect competition, the price of the product is determined where the market average variable cost equals the market average total cost. fixed cost is zero. elasticity of supply equals the market elasticity of demand. supply curve and market demand curve intersect. 2. At the profit-maximizing level of output for a perfectly competitive firm, price equals marginal cost. Which of the following is also true? Average revenue equals average total cost. The difference between total revenue and total cost...

1)Low interest rates tend to entice investors into the stock market where they can achieve better...

1)Low interest rates tend to entice investors into the stock market where they can achieve better returns. Select one: True False 2) Fiscal policy, the means by which the Canadian government imposes taxes on individuals and corporations and spends its money, has an impact on spending and thus an impact on the stock of some companies. Select one: True False 3) Stocks would be most favourably affected by Select one: a. a increase in interest rates and stable inflation. b....

Question