MGT613 Assignment solution

On Thu, Apr 12, 2012 at 7:15 AM, mc100404907 Asim Ahmed <mc100404907@vu.edu.pk> wrote:

We can identify the following common and widespread ways in which organizations can compete against other organizations.

 

1. Price: In our day to day routine observations, we often see that a lower price would attract more customers provided the product or service fulfils its intended use. Lower price helps an organization to increase its customer base.
2. Quality is an important dimension by which superior raw materials as well as high Skillman ship would ensure that product manufactured or service developed is offered to the customer with something extra. That something extra is nothing else but Quality. Quality is always offered free of cost, we will discuss this when we study in details Quality Management and Total Quality Management.
3. Product Differentiation refers to special features that make the product or service look more suitable to the customers like an automobile manufacturer decides to provide GPS system to selected customer at an additional price etc.
4. Flexibility is the ability to respond to changes. It may refer to changes in target sales, product feature like adding GPS device to all automobiles
5. Time refers to the period required to provide a product or service to a customer from the moment the order is booked to the delivery, also time required to rectify a shortcoming or mistake

~~AAsim badshAA~~

mc100404907

MBA(4)

badshaa89@gmail.com

facebook.com/a4aasim

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