Highlights
Haier household appliances in China
Assess the company’s competitive stance for the particular product line/range/SBU you have selected using strategic group mapping and at least one other analytical technique discussed in the course. Applying the analytical techniques will help the group to determine the market conditions confronting its company’s particular product
line/range/SBU. Suggested analytical technique combinations are listed below: Strategic group mapping and Porter’s Five Forces What should the aim of the company be as a result of your analysis of its particular product line/range/SBU, i.e. should it grow, retrench or consolidate its position.
Explain the reasoning behind your choice. Generally, this should be linked back to what you have discovered happening in the marketplace and/or based on the company’s capabilities in this particular area of the market. Market penetration, market development, product development, and diversification offer possible tactics for achieving the company’s aim for growth. Which one, or combination of tactics, should the company employ to achieve growth for its particular product line/range/SBU?
Explain whether the current competitive stance of your company’s product line/range/SBU should be changed, maintained or abandoned altogether? Please note
that it takes many years to establish a company’s reputation and build the necessary resources to compete in a particular way, so a competitive stance should not be
abandoned lightly.
Does the company’s current competitive stance have any implications for its strategic group, i.e. does it need to maintain and/or build its current strategic group or reposition itself into another strategic group?
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