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MGT503 GDB Spring 2019 Solution & Discussion
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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
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
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 ...
MGT301 GDB 1 spring 2019
first of all company should research and analyze that what type offers and packages customers like in the new market then
company should advertise its offer at popular social media by giving free offers at start which can increase customers in very short time.
the Vodafone company should use market panetration strategy, because in this way company can increase his market share by lowering prices in some duration
eg where there is a little differentiation among products, a low price may help a company increase its share of the market.
company can also use product expansion strategy. in this company may use some additional features in their packages which other companies are not using still in this competition with other companies
Vodafone company can place itself in new market by using this strategy.
acquisition strategy can help company in the company progress eg company can offer their sims and packages with other product line like with different mobile companies
by buying different mobiles phones customer can use their sims as a default sim.by this company can place itself in the new market.