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Posted: February 21st, 2022
Factors and Trends that Influence Strategy Development
Dialogue—Factors and Trends that Influence Strategy Development
On this module, you’ll discover how companies react to altering financial occasions and the affect this has on product and service positioning out there place. Additionally, you will be taught concerning the completely different approaches a company might take reminiscent of a retrenchment method, an funding method, or an ambidextrous method to offer a basis for alternative and threat in recessionary occasions.
Client spending habits have undergone dramatic and enduring change with the slowed economic system in america.
Utilizing the module readings, Argosy College on-line library sources, and the Web, reply to the next:
What are the components that are key for establishing product differentiation within the new post-recession client atmosphere particularly because it pertains to financial indicators?
What’s a luxurious good and ought to entrepreneurs of luxurious items abandon their efforts to determine premium pricing?
How do modifications in societal attitudes towards firms and merchandise have an effect on the way in which entrepreneurs of client items take into consideration the shopper worth chain? Present examples of firms that have modified their method to advertising and marketing in response to a shift in customers’ worth in altering financial occasions.
Write your preliminary response in roughly 300 phrases. Apply APA requirements to quotation of sources.
By the due date assigned, put up your response to the suitable Dialogue Space. By means of the top of the module, evaluate and touch upon a minimum of two friends’ responses.
Grading CriteriaMaximum PointsQuality of preliminary posting, together with success of project directions16High quality of responses to classmates12Frequency of responses to classmates4Reference to supporting readings and different materials4Language and grammar4Total:40
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