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please help me understand?! Company S had a competitive advantage in the apparel industry with low manufacturing costs. The low cost of manufacturing was possible
please help me understand?!
Company S had a competitive advantage in the apparel industry with low manufacturing costs. The low cost of manufacturing was possible by outsourcing the production to companies in countries with low labor costs. However, company S lost ts competitive advantage when Company W entered the market. Company W had a competitive advantage because it developed products with the latest trends and introduced them to the market quicker than Company S. Company S also suffered from intellectual property thefts from the outsourced country due to the lack of ntellectual property laws and political stability. Therefore, parts of Company S's strategy became obsolete, and it had to relocate production. In strategic planning, what are such obsolete strategies referred to? Selected Answer: c. intended strategy Answers: a. tactical strategy b. unrealized strategy c. intended strategy d. emergent strategy Step by Step Solution
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