Management 3e -- Chapter 6
Ambidextrous company - ANS-an organisation able to balance and harness distinct activities in
alternate-off situations
commercial enterprise-level approach - ANS-The aim-directed movements managers absorb
their quest for competitive benefit while competing in a unmarried product market
cost-management price drivers - ANS-cost of enter elements, economies of scale, gaining
knowledge of curve effects, enjoy curve outcomes
value-management strategy - ANS-seeks to create the identical or comparable cost for clients,
enabling the firm to provide lower charges to its customers
differentiation method - ANS-seeks to create better cost fro customers than the value that
competition create, through turning in services or products with unique capabilities even as
retaining charges at the identical or comparable degrees
differentiation value drivers - ANS-product features, customer support, enhances
dis economies of scale - ANS-increases in price per unit whilst output will increase
economies of scope - ANS-savings that come shape generating or greater outputs at much
less value than producing each output personally, despite the use of the identical assets and era
targeted fee-leadership method - ANS-Same as the fee approach except with a slim awareness
on a spot marketplace
centered differentiation strategy - ANS-Same as the differentiation approach besides with a slim
awareness on a niche market
integration strategy - ANS-business-stage method which efficiently combines differentiation and
fee-leadership sports
mass customization - ANS-the manufacture of a large sort of customized services or products at
a particularly low in keeping with unit price