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you are an independent real estate agent in the Maryland dc Virginia area.there

ID: 3376281 • Letter: Y

Question

you are an independent real estate agent in the Maryland dc Virginia area.there are many independent real estate agent in the area and many real estate agencies with lots of members agent as members but you do not want to simply join an agency.
your action describes what specific things would you to strengthen your company competitive position in such a crowded and competitive market.this includes any strategic offensive strategic defense vertical or horizontal integration outsourcing alliance or partnership

Explanation / Answer

To develop an effective strategy,you should be ready with the answers of two basic questions:-

So understand how attractive the industries are in which you are competing and you have to understand how they are likely to change over time.

2.with your position within the industry-No matter where you are operating, you are going to have to decide exactly how your company is going to compete and how you are going to position your company to be a superior performer.

Basically in any industry, there are five forces of competition.

Strategy

So,execution is going to be much much more important than it was in the past.

Also, Competitive advantage can be obtained by:-