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MGT503 Business Level Strategies GDB Last date 24-07-2019  

kindly cs401 ke assignment 3 ka solution idea be dy diy..

Please share mgt 503 gdb solution detail

gdb solution

solution

There are different types of strategy which includes:

  • Growth strategy
  • Stability strategy
  • Defensive strategy

 

Growth strategy

  • Market development

In this way company try to find that market which have no competitor. A market development strategy involves introducing present products or services into new geographic areas.

  • Product development

In this way company add new features in the product for the promotion of company. product development strategy seeks increased sales by improving or modifying present products or services.

Stability strategy

  • Avoid competition and risk

In this way company not put in the competition and doesn’t try to take risk.

  • Maintain status quo and slowly gow

In this way company work slowly and show their competitor that they are no doing any work.

 

 

 

 

The Premise:

Iconic is renowned national brand of clothing, tried to penetrate market with their new launch of ready to wear. Brand has launched the new range in haste, with a very weak analysis of target market dynamics. After first quarter, it is found that new range did not yield the expected results. Upon looking at the matter closely, it was found that the market is already loaded with similar clothing ranges at comparatively lower prices, due to which the product of Iconic was not to be substituted.

Point of Discussion:

Looking at the matter, discuss which business-level strategy should be more appropriate for Iconic to implement? Justify with at least three solid arguments.

Max. Words limit: 100 max

MGT503 GDB Solution 2019

MGT503 GDB Solution 2019

actually GDB question ko ghor se perhain us mein koi aik strategy jo k appropriate ho us k 3 points batanay hain na k sb strategies jesa k idea solution mein hai 

kia masla hy yr koi study ki baat hi nhi kerta saryy busy hn apni baaton me ye kia conversation hy ...

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