Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
What might the competitive advantage be for each of the following companies?
a. eBay
b. Southwest Airlines
c. Starbucks
d. Apple
e. Facebook
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Please answer all the below and explain in detail. 1. identify the problem with the survey question? Don't answer the question Which of the following reasons is most important to you when ordering pizza? (Choose one) ❏ Fast delivery ❏ Healthy options ❏ Price ❏ Seating area ❏ Incentives (reward systems, free delivery, etc.) ❏ Being able to customize your individual pizza ❏ Other (please specify)____________________ 2. identify the problem with the survey question? Don't answer the question Which way do you prefer to have your Pizza? Delivery Take out Dine-in Homemade 3. identify the problem with the survey question? Don't answer the question When ordering pizza in the campus area, where do you typically order from? (Open-ended)arrow_forwardUSE FOR PESTEL ANALYSIS MODEL. Describe company Bonia corporation www berhad wwwwwwarrow_forwardIf Nescafe is the top selling coffee brand, in other words it has the highest amount of sales in its product category, then we can say that Nescafe has the highest O a. market share O b. brand awareness O c profit O d. top of mind brand awarenessarrow_forward
- t eis benubslunsm2 jsriw llst Instructions: Read the following questions and/or situations. Explain and Elaborate more for your answers. Write it in another sheet of paper. 1. A company makes a pair of shoes (a semi-durable) that can last for more than 10 years. Is this an advantage or disadvantage for its customers? What do you think? 2. People "need" to eat. Some "want" to eat pizza or a sandwich. Is it possible for a "want" not to emanate from a "need"? bns 3. Marketing involves, among others, "the delivery of value to consumers". However, the value a consumer places on a particular product or service is subjective. If you are a marketer, how can you increase your customer's assessment of your product or service? Use a product of your choice as an example.arrow_forwardFind words which mean the following. 1 a company's sales expressed as a percentage of the total market 2 short-term tactics designed to stimulate stronger sales of a product 3 the situation in which there is only one seller of a product 4 companies offering similar goods or services to the same set of customers 5 a short and easily memorized phrase used in advertising 6 the division of a market into submarkets according to the needs or buying habits of different groups of potential customers 7 a small and specific market segment 8 a factor which makes you superior to competitors in a certain respect 9 a business's total sales revenue 10 a period during which an economy is working below its potentialarrow_forwardFor problems 1-3, please refer to this article on Ocado. https://www.bbc.co.uk/news/business-54352540 1. What can we say about existing rivalry in the market of online retailers? a. This force is week because of strong brands and stabile market shares. b. This force is medium level, because the market is quite concentrated but consumers are quite loyal. c. Existing rivalry is strong because the market is quite concentrated, switching costs are relatively low and the different firms' services are not especially differentiated. d. Rivalry is strong because suppliers and not concentrated and entry barriers are low. 2. How would you evaluate the threat of buyers in this market? a. It is relatively weak, because OCADO sells for final consumers who are not concentrated and have a weak bargaining power. b. It is strong, because Tesco and Amazon are large firms with larger market shares than Ocado. c. It is medium level, because OCADO cannot easily switch across its buyers.…arrow_forward
- 68) What is one category based on the competitive postured adopted by a business? a) Performers b) Losers c) Gainers d) Prospectorsarrow_forwardWhich one of the following is not an economic objective of the business:- Question 15 options: Social environment Survival Profit Growtharrow_forward(1) Does the power of marketing analytics replace theneed for creative decision-making in marketing? Whyor why not? (2) How might customers’ riskmanagement strategies account for a supplier’s lowshare of customer?arrow_forward
- Ethics Some marketers attempt to disguise themselves as market researchers who want to ask you questions when their real intent is to sell something to the con- sumer. What is the impact of this practice on legitimate researchers? What do you think might be done about this practice?arrow_forward1. Examine how marketers can estimate the costs of production. ( explain deeply with step by step answer and type the answer).arrow_forwardDiscuss how you could determine how consumersactually use the following. How could thisinformation be used to develop marketing strategy?a. Microwaveb. Wrist watchesc. Online banking servicesd. Movies on demande. Hair colorf. Hotel reward pointsarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.