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Read carefully case No 8 from your textbook ( entitled ' iRobot: Finding the Right Market Mix?) and answer the following questions: ( 1 mark
Read carefully case No 8 from your textbook (entitled 'iRobot: Finding the Right Market Mix?)and answer the following questions: (1 mark each question)
- Draw the SWOT matrix of the iRobot company.
- What is the competitive strategy used by iRobot company?
- Use the five forces of the M. Porter matrix to describe the robot-based product industry.
- Describe the different functional strategies of the iRobot company.
- Describe the relationship of iRobot with its primary stakeholders.
- Describe the core competency and the outsourcing strategy of iRobot.
- What kind of strategic alliance is used by iRobot? Why does iRobot choose it?
- What are the main challenges that iRobot faces?
- Assess the competitive advantage of iRobot on its market.
- Recommend solutions for iRobot to improve its competitive advantage.
Notes:
- Kindly be accurate and brief when answering the questions.
- You are required to use the terminology used in your course.
- Copy/pasting the phrases from the text is not acceptable. You must use your own words.
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