Question
Sat & Co has operated on market machine tools for over 100 years, supplying products to over 100 countries. Its market share geographic distribution included
Sat & Co has operated on market machine tools for over 100 years, supplying products to over 100 countries. Its market share geographic distribution included 35% in the United States, 25% in the United Kingdom, 15% in Europe and 15% in the rest of the world. From the mid-1990s, the company started to notice a constant decrease in sales and significant loss in market share. Now, its key stakeholders are looking for a way to achieve market orientation and have turned to you and your marketing expertise for help. Recommend strategies to Sat & Co.s leadership to achieve market orientation and increase its competitive advantage. Based on the Sat & Co. case study, analyse the relationship between market orientation and business performance. What critical success factors are related to achieving market orientation? What impact do they have on an organisations competitive advantage? As a marketing professional, what strategies would you recommend to Sat & Co. as the most appropriate for achieving market orientation? Be sure to include specific references to at least two peer-reviewed journal articles to support your assertions.
Case study: https://services.hbsp.harvard.edu/services/proxy/content/26716562/27448591/fa924fdd27b57d028a0326dcbf2e7a52
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started