Strategic Management: Porter's Business Strategies

1.) Define need-based strategy (positioning) and give an example

2.) Define variety-based strategy (positioning) and give an example

3.) List the three levels of strategy.

4.) If a company has fixed cost at 100 dollars, and unit cost is 10 dollars.

If 100 units are produced, what is the total cost/units?

5.) Is Ryanair's strategy variety-based or need-based?

6.) If a company has fixed cost at 100 dollars, and unit cost is 10 dollars.

If 10 units are produced, what is the total cost/units?

7.) List two sources of cost advantages

8.) Give an example of a low-cost strategy

9.) How to hire the best employees is which type of strategy. Corporate, divisional, or functional?

10.) Give an example of a differentiation strategy and explain why.

Answer rating: 100% (QA)

1 A needbased strategy also known as positioning strategy focuses on meeting the specific needs or p... View the full answer