Back bay battery simulation solution
This is because the context in which organizations exists differs highly from each other. This might be due to the fact that strategy one as well as strategy two kept investing in the NiMH technology, so they kept gaining large sales on this technology.
Different strategies are used to not get fired and make the business successful. The successes of some strategies take time to evolve. The former was done to stay competitive in the existing market for NiMH batteries.
Every strategy has a different theoretical background, which are compared, analyzed and discussed.
Back to the bay case study answers
When dealing with disruption, you just do not have the forecasting models that can predict proper price points. This project would have been a great small group project performed in real time with fellow students. We played multiple rounds of this game, which ended in decent profits. Assessing emerging market opportunities is difficult using standard approaches. Investments in process innovations are therefore highly effective. The third and last lesson we have learned from playing the BBB game was to carefully plan the strategy in advance and then, stick to it. By doing so the market with the NiMH batteries could be fully exploited and the market with the Ultracapacitor could be explored. Because in strategy one, in , the selling price of the Ultracapacitor was significantly lowered, it gained way more sales in the last two years on the Ultracapacitor than strategy two did. The difference in the profits of strategy one and strategy two could be explained because customers found a longer Recharge Time more important than a higher Energy Density. With a cost leadership strategy, a manager tries to gain sustainable growth with lower prices in a broad range of subjects Porter,
When dealing with disruption, you just do not have the forecasting models that can predict proper price points. Best opportunities for new products are not visible early on.
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