Please answer each of the following prompts based on the attached case study, “Managed by Q.”
1. Analyze the competitive advantages of Managed by Q. (2-3 pages)
How does their corporate philosophy influence their ability to gain a competitive advantage? What resources give them a competitive advantage? How might environmental, political, economic, social factors affect their competitive advantage? What threats exist to their profits? How can they compete in established markets when competition might not use the same high-cost labor model?
2. Make a recommendation for how Managed by Q could most effectively grow while maintaining or increasing its competitive advantage. (2-3 pages)
Which growth strategy or strategies should they pursue, and what evidence supports this decision? What kind of joint ventures or partnerships should they consider? What new markets might it enter? What are some reasonable alternative strategies to your recommendation? What strategic objectives/initiatives might support your strategy?
