<span>By implementing inappropriate or improper goals in a given company, but throwing resources and capital at it in order to achieve it, this will ultimately lead to a waste of resources on behalf of the company. A failure to implement effective goals would counter-act on the impact of resources that are being allocated. The correct answer is HIGH EFFICIENCY / LOW EFFECTIVENESS. </span>
Answer: Product differentiation strategy
Explanation: In the given case, the industry in which Thomas works depicts features of oligopoly with few firms operating at high level. Thus, increase in price by Thomas would shift the demand for consumers to other firms.
Hence Thomas should opt for product differentiation strategy and should increase those features which classify its products different from the others. In such industries, quality is the core essence and costumers are wiling to pay slight higher prices if the quality of the product offered is higher than others.
Hence Thomas should narrow the completion and should focus on inventing some unique features in his products.
Answer:
The correct answer is A: selective demand stimulation
Explanation:
Selective demand happens when companies deliver messages that portray their brand as the best match for the needs and desires of the target market. Selective demand features the advertiser trying to influence the target audience to select its brand over alternatives. Selective demand advertising is for businesses competing in well-established industries and markets.
Companies use a variety of strategies to depict selective demand. Some use benefit positioning, where they showcase the specific benefits of their products that are unique in the market. Others use <u>competitive positioning, where they state how their products are better or distinct from those offered by competitors</u>. Another positioning alternative is user positioning. This is where the brand focuses on matching its benefits to the needs of a particular type of user.
In this case, the company is using competitive positioning. The potential market must see clearly how your offering is different from that of your competition. It’s about winning a spot in the competitive landscape, putting your stake in the ground, and winning mindshare in the marketplace.
Answer:
each manager affected and the people who directly interact with him or her.
Explanation:
According to my research on role analysis technique, I can say that based on the information provided within the question the people meeting would be each manager affected and the people who directly interact with him or her. This is because this technique focuses on demands and responsibilities of the role in question, and is done so by talking with the people who interact with the person performing that role.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Option B "functional strategy
" is the correct option.
Explanation:
- A functional approach or strategy is necessarily connected to operations and maintenance-level decision-making, also recognized as tactical changes.
- Those same tactical decisions were mostly applied to different operational departments such as business, research as well as development, human resources, warehousing, logistic support, amongst others.
And therefore this strategy demonstrates best the specific situation.
