tailoring strategies to fit specific industry
Answers
Answer:
Explanation:
1. Try to win the early race employing broad or focused differentiation strategy.
2. Push to perfect the technology, improve the product and quality.
3. Adopt dominant technology quickly.
4. Form strategic alliances with suppliers
5. Acquire or form alliances with companies that have related or complementary technological expertise.
6. Try to capture first mover advantages
7. Pursue new customer groups, new user applications and entry into new geographical areas.
8. Begin to shift advertising to increase the frequency of use and building brand loyalty.
9. Use price reductions to attract the next layer of price-sensitive buyers into the market
Answer:
Strategies to Fit Industry Situation
Try to win the early race employing broad or focused differentiation strategy.
Push to perfect the technology, improve the product and quality.
Adopt dominant technology quickly.
Form strategic alliances with suppliers
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