Tutorial Answer ^^

There are several question been asked about chapter 5, the generic strategies. My answer is written below: 

(1) Broad cost-leadership:
Tesco

-It is promote the low price strategy with its goal which value the concept of "EVERY LITTLE HELPS"

(2) Focused cost-leadership:
Mydin

-Mydin as the local product wholesaler provides customers with variety of low price products that could be easily get from its company branches in every city.

 
(3) Broad Differentiation:
Harley Davidson

-it is competing in the big motorcycle category with prices starting at $15,000 and running as high as $60,000. These motorbikes are more than just basic transportation.

(4) Focused Differentiation:
Porsche

-it is competing in its exclusive product which differentiated its features of products from its rival. The price for the car are starting from $150 000 until $600 000. These cars are more than just transportation.

From the answer given, as i could understand, the company are commonly competing on the best services, quality and its value of products. The entire concept of strategies has its own specialty. That’s all. I hope I get right understanding about this topic.

 Please kindly check my answer.. Thank you!  =)

The Fourth Lecture ^^

                                                          

During the fourth class, we are learning on how to evaluate the company's resources, capabilities and competitiveness. The objectives of the chapter are focusing on how well company's strategy is working. The successes of the company are determined by its business strategy. It is crucial for a company to have good business strategy to run the business well.

                                                            

 There are three best indicators of how well company's strategy is working as listed below :

                                 

              It is well stated that, the stronger a company's current overall performance are related to its well-conceived and well-executed strategy. Meanwhile, the company which has weak financial performance and market standing need radical changes to sustain its business. Besides, to evaluate how well company's strategy is working should also include quantitative and qualitative assessments. 

On this chapter, there are also several calculations to be learned as to evaluate the company's performance. Every company have different financial resources to run their business well.

Example of the calculation of the profitability ratio of a company

This topic helps us to get better understanding about the evaluation of financial performance of a particular business. It is crucial as we could know how well the present strategy working for the business is as there are five different strategies could be used. Lastly, the class gave me new knowledge about the business world today. =)  

                                     

                                                      

That's all for this entry. wslm..