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MGT 255 Strategic Management Assignment Answers
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- Course Code: MGT 255
- Course Title: Global Business Management
- Referencing Styles: APA
- Words: 9999+
- University: Centennial College
- Country: CA
1) In the appropriate discussion area, please consider the following questions:
- Where in the life cycle is this product? Is it different for the dog product than the horse product?
- Why is Nancy Cohen, a credible producer of this product?
- What is her direct competition? What is her indirect competition?
- Can you take a product and put it into a new or different market? Why or why not? What issues might you face?
- Would you invest in this product (if you had the capital to do so)?
2) Please watch this episode of Dragon’s Den (The original presentation not the second chance one)
In the appropriate discussion area, please consider the following questions:
- Bob claims he has a design advantage, what is it?
- Bob claims the demographics are with us. What demographics is he talking about?
- Bob claims that Wike can remain competitive using a direct sales model. What is this model, and do you agree with him?
- What is an SKU?
- Why does Kevin tell him that he would be profitable if he eliminated products from his catalogue? Do you agree?
- What is the 80/20 rule? (This one may take a little research beyond the video)