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Question 2 3 ?of 2 5 Business Strategy - ?End of Chapter Problem Nordstrom, a large department store, has implemented many strategies to compete with
Question ?of
Business Strategy ?End of Chapter Problem
Nordstrom, a large department store, has implemented many strategies to compete with both physical and online retail competitors. For each of the given strategies, identify whether Nordstrom is competing on price, customer service, convenience, or design.
a ?In addition to its department stores, Nordstrom owns and operates a chain of outlet stores, called Nordstrom Rack. This is an example of Nordstrom competing on
b ?Nordstrom offers a Get It Fast option for its online store. With Get It Fast, customers can easily search the inventory of their local Nordstrom and reserve items for pick up in as little as an hour. As a result, customers can pick up items at their convenience and avoid heavy traffic. Through Get It Fast, Nordstrom is competes on
c ?Nordstrom has created an in store and online department called SPACE, featuring up and coming new designers. The online version of SPACE was created by highly acclaimed web designers and artists. Through SPACE, Nordstrom is competing on
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