MGSC 300
01/22/2011
Class on Tuesday was the exam. I thought I was prepared for the exam but there was definitely some parts that I should have been better prepared for. The TLAs I had huge difficulty with despite writing them like 10 times but that's how it goes.
The ones question though that I got wrong and I needed some help figuring out why was the question, "If Walmart develops a system that connects with Proctor and Gamble to automate inventory functions to lower Walmart's expenses, what strategy are they implementing?"
I put that this was Cost Leadership.
The reason that I chose cost leadership was because in the power point notes I remember there being a point about if a company works with its subsidiary to help lower prices than that makes it Cost Leadership.
This being said, I know why it can also be Alliance. Is there anyway, you can clear up my misunderstanding?
Thank you,
Courtney
This question was subtle, and required that you pay careful attention to the way it was phrased. Note (emphasis added): "...what strategy are THEY implementing." Individually, each one may have been pursuing cost minimization, but together THEY are pursuing an alliance strategy (in order to obtain cost minimization). Lesson: although my exams can be completed quickly, it pays dividends to read each question very carefully....
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