Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CREDIBILITY AND COMMITMENT A critical factor in gaining credibility is making sure your organization appears strong on all fronts. In the current scenario, making credible

image text in transcribed
CREDIBILITY AND COMMITMENT A critical factor in gaining credibility is making sure your organization appears strong on all fronts. In the current scenario, making credible threats or promises is critical if you are to influence GN-Tech's strategy. To do so effectively, you must make sure that your competitors perceive no weaknesses with your organization, which is why you want to clear up all existing problems before engaging with GN-Tech directly. Mark the appropriate category column for each threat. CREDIBLE NOT CREDIBLE THREAT THREAT A multinational retail corporation that has just come out of a second round of bankruptcy in the last five years announces that it is targeting expansion into its biggest competitors' locations. A local pizza restaurant that has been in business for 10 years announces that it is going to create a new pasta menu to compete with a new Italian restaurant that has just opened across the street. A hugely successful computer software company decides that it is going to start competing aggressively in the market for electric cars. A car dealership with locations across five states tells competing dealerships that it is going to start advertising a price guarantee that will undercut any price by 10%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Experimental Econophysics Properties And Mechanisms Of Laboratory Markets

Authors: Ji Ping Huang

1st Edition

3662442345, 9783662442340

More Books

Students also viewed these Economics questions

Question

What do you mean by dual mode operation?

Answered: 1 week ago

Question

Explain the difference between `==` and `===` in JavaScript.

Answered: 1 week ago

Question

What are all the ways you count or measure customer complaints?

Answered: 1 week ago

Question

Do your staff and customers know these examples?

Answered: 1 week ago