6th lecture Analyzing Competition of Strategic Marketing
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Dynamic Research Centre & instituteDirector Office of Research Innovation & Commercialization (ORIC) & Professor em Dynamic Research Centre & institute
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6th lecture Analyzing Competition of Strategic Marketing
This is an Exclusive Lecture about Analyzing Competition of Strategic Marketing for MBA Students.
Dynamic Research Centre & instituteDirector Office of Research Innovation & Commercialization (ORIC) & Professor em Dynamic Research Centre & institute
4. Today’s topics:
Competition
Forces of competition
Michael Porter’s five forces model
Strategy Typologies
Aerospace industry
Session # 06 (Oct, 18th
, 2017)
5. Session # 06 (Oct, 18th
, 2017)
Competition:
Competition is the process of active rivalry
between the sellers of a particular product
as they seek to win and retain buyer
demand for their offerings.
Therefore, the act of competing; rivalry for
supremacy, a prize, etc. is called
competition.
6. Session # 06 (Oct, 18th
, 2017)
Five level of competition:
1.Direct competition
2.Close competition
3.Products of a similar nature
4.Substitute products
5.Indirect competition
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Material pertinent to this illustration is found on pages 595-596.
Organizational culture is a system of meaning that members share and that distinguishes the organization from others. The dominant culture expresses the core values shared by a majority of the organization’s members. However, subcultures exist in any organization. Developing along departmental or geographical lines to reflect common problems, situations, or experiences faced by members, subcultures include core values of the dominant culture plus additional values unique to members of the department.
If organizations had no dominant culture and were composed, instead, of numerous subcultures, the value of organizational culture as an independent variable would be significantly lessened because there would be no uniform interpretation of what represented appropriate and inappropriate behavior. It is the “shared meaning” aspect of culture that makes it such a potent device for guiding and shaping behavior.