Competitive Strategy

Designing a cover page

a. Title of the report, course information, Your name, and the Date
b. The title of the report should be formatted using a large font size
c. A drawing or image that would reflect the content of the report



Competitive Strategy of a company

1. List down the four Competitive strategies of a business.
ans.

• Differentiation
• Cost Leadership
• Differentiation focus
• Cost focus

2. Describe how an information system may help in realizing each of them.
ans.
Information system may help in realizing of each of the competitive strategies. For the example differentiation is able to select one more criteria of buyers through information system, and can able determine the target markets through information system. Today information system must conceived of broadly to encompass the information that businesses create and use as well as wide spectrum of increasingly convergent and linked technologies that process the information.

3. State what competitive strategy that company is using and why.

ans. Base on my research most of the company now a days the common strategy they using which is Cost Leadership. Because they find out through using that strategy they can be the first lowest-cost producer in the industry. By that they can gain Competitive advantage on their part and increase higher profit.