Strategic

Growth Realization Alternatives Distinguishing ones home from the alternatives is a major concern for any business. strategic analysis provides the starting portend in the strategic management process organizations use to gauge and choose the matched advantages that distinguish them from other organizations within the market. high-and-mighty businesses should also choose among alternative grand strategies to guide the firms activities, particularly when they are trying to decide about widen the scope of the firms activities beyond its core business (Robinson & Pearce, 2009). What Companies must Consider to Realize Growth Firms must consider many a(prenominal) strategies when attempting to realize growth. Depending upon the stage of evolution the business is experiencing these strategies can change. Robinson and Pearce (2009) discuss in detail these stages and strategy changes in Chapter 8 of Strategic Management: Formulation, Implementation, & Control. Here, Kudler seems to be in the growth stage. The growth strategies mark the strengths of carry recognition, product differentiation, and financial resources to support heavy marketing expenses and the effect on price competition (Robinson & Pearce, 2009). Team C offers three of the strategies in this stage to create a competitive advantage for Kudler.

Functional AreaIntroductionGrowth due dateDecline Marketing Resource/skills to create widespread awareness and let acceptance from customers; advantageous access to distributorsAbility to establish brand recognition, find niche, reduce price, solidify sozzled distribution relations, and cook new takeSkills in aggressively promoting products to new markets and keeping existing markets; pricing flexibility; skills in differentiating products and holding customer loyaltyCost-effective means of efficient access to selected channels and markets; strong customer loyalty or dependence; strong company image Production operationsAbility to expand...

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