Dell Competitve Advantage
Date Submitted: 09/10/2006 03:35:18
Category: / Literature / European Literature
Length: 2 pages (626 words)
Category: / Literature / European Literature
Length: 2 pages (626 words)
What is competitive strategy? Consists of business approaches to:
* Attract customers by fulfilling their expectations
* Withstand competitive pressures
* Strengthen market position
* Exploits competitive advantage by finding ways to use resources & capabilities to set firm apart from competitors.
PORTER'S GENERIC COMPETITIVE STRATEGIES
Competitive advantage comes from one of two sources:
* Having the lowest cost in the industry
* Possessing a product or offering a service that is perceived as unique in the industry
Another important
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still play a key role in the consumer electronics business. Dell will find that when a consumer walks in to buy a camera or a television, he will head straight to an established consumer electronics brand rather than to a famous PC maker. Yet Dell remains confident. Dell will use this opportunity to consolidate and create a significant market share for itself. And, don't forget, Dell wants to become a $60 billion company very, very badly
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