According to the BCG matrix and given your knowledge of the technological environment, a business unit that manufactures, typewriters would be an example of a
A company in packaged tea business provides special service to its institutional buyers, apart from its consumer sales through market intermediaries, in order to encourage bulk buying and thus improving marketing efficiency, is an example of
A concept given for diversified corporations which advocates (a) What businesses should a diversified corporation own and why; and (b) What organisational structure, management processes and philosophy will foster superior performance from the corporation's individual business units, is known as
Given below are the steps of strategy management. Arrange them in proper order and choose the correct answer for the same.
1. Strategy Formulation
2. Environmental Scanning
3. Strategy Evaluation
4. Strategy Implementation
Statement I Competitors analysis begins with identification of potential competitors. Statement II An industry analysis gives information regarding porbable sources of competition.
Statement I Most businesses start-off as 'Question Marks', in that they enter a high growth market in which there is already a market leader. Statement II A 'Star' is the market leader in a high growth market, but it does not necessarily provide much cash.
Assertion (A) A firm's relative position within its industry determines whether the firm's overall profitability is above or below the industry average. Reason (R) The fundamental basis of average profitability in the long run is sustainable competitive advantage.
Which of the following statement is true? Statement I Operation includes the steps to convert a raw material to the final produce. Statement II Service is the most important step to provide value addition to the product. Statement III Procurement and technology development are support activities.