A SWOT analysis can contribute to the strategic planning process by evaluating all of these.
Answer:
The correct answer is A. Cost leadership and differentiation
Explanation:
The Cost Leadership Strategy
The porter strategy involves developing the "edge" that gets you the sale and takes it away from your competitors. The two main ways of achieving this within a Cost Leadership strategy are;
- Increasing profits by reducing costs, while charging industry-average prices.
- Increasing market share by charging lower prices, while still making a reasonable profit on each sale because you've reduced costs.
The Differentiation Strategy
Differentiation involves making your products or services different from and more attractive than those of your competitors.
In order to make a success of a Differentiation strategy, organizations need:
- Good research, development and innovation.
- The ability to deliver high-quality products or services.
- Effective sales and marketing, so that the market understands the benefits offered by the differentiated offerings.
Answer:
A. norms.
Explanation:
Based on the information provided within the question it can be said that in this case, the sales department has developed norms. This term refers to unwritten rules regarding behavior and various actions that considered by the company or society as being acceptable for the environment in which you are in. Such unwritten rules include dress codes and specific work hours, as defined in this scenario.
Answer:
Myers-Briggs Type Inventory
Explanation:
The Myers-Briggs typology is a test used to identify personal characteristics and preferences. This test is the most widely used personality assessment in the world and is considered highly reliable in consideration of other psychological tools that it aims to conclude by reporting the individual's personality and compartment. This quiz is a personality assessment tool used for team development and leadership that identifies employee preferences for energy, information gathering, decision making, and lifestyle.