Provide 4 names of different companies and what competitive strategies they used using the Porter's competitive...

Provide 4 names of different companies and what competitive strategies they used using the Porter's competitive strategies.

Expert Solution

1. Walmart - Cost leadership strategy

In business strategy, cost leadership is establishing a competitive advantage by having the lowest cost of operation in the industry.

2. T-Mobile - Differantion strategy

It's an approach that a business takes to develop a unique product or service that customers will find better than or in another way distinctive from products or services offered by competitors. Differentiation strategy is a way for a business to distinguish itself from the competition.

3.TOMS - Focus strategy

Founded in 2006, this shoe company is popular for its excellence in corporate social and environmental stewardship. The company adopts the “One for One” principle, “With every product you purchase, TOMS will help a person in need.” To date, TOMS has provided over 10 million pairs of shoes in over 60 countries, restored sight for 200,000 people in over 5 countries. TOMS has recently initiated a water project to provide clean water for communities in need.

4. Flipkart - Differentiated focus strategy

in differentiation focus a firm seeks differentiation in its target segment.

ekkarill92 answered 2 years ago

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