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Forum Assignment for the Week: 250 Words minimum For this week’s Forum, respond to the following:
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The “The Five Generic Competitive Strategies” are as follows: Low-Cost Provider Strategy; Broad Differentiation Strategy; Focused Low-Cost Strategy; Focused Differentiation Strategy; and, Best-Cost Provider Strategy. In this forum, you need to investigate any one generic competitive strategy from the perspective of organizations in the same sector. More than one organization may be involved, but the information you use needs to deal essentially with the same area of generic competitive strategy in the same sector of organizations. Here is a great opportunity to investigate one or two of the businesses that you utilize in your personal life, but who represent one of the five competitive strategies. Suggestion: a SWOT analysis could be helpful, as based on the articles you select, depending on the depth of information available (SWOT: Strengths, Weaknesses, Opportunities, Threats).
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General Instructions Applicable to All Forums:
To receive 100% as a grade (the exemplary level) for the weekly forums, you should ensure that your responses meet the following criterion:
Critical Analysis – Discussion postings display an excellent understanding of the required readings and underlying concepts including correct use of terminology. Postings are made in time for others to read and respond as well as deliver information that is full of thought, insight, and analysis. The information presented makes connection to previous or current content or to real-life situations, and must contain rich and fully developed new ideas, connections, or applications. (It is important that you integrate the weekly readings in your response. One way to do that is to make position statements, then discuss supporting evidence (i.e. research and/or personal experience).
Professional Communication and Etiquette – Written interactions in the Forum show respect and sensitivity to peers’ background and beliefs (Regardless of the position you are taking, please ensure that your participation comments are respectful to your peers’ background and beliefs).
Writing Skills – Written responses are free of grammatical, spelling or punctuation errors. The style of writing facilitates communication. (Make sure your work is free of errors. If there are any errors as outlined above, you will not receive 100% for the forum).
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