Company that has a good strategy

User Generated

gurgrpu

Business Finance

Description

Think of a company that you believe has a good strategy. Briefly explain what you think the strategy of the company is, and why you believe it is successful.

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Explanation & Answer

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Strategy of a company is the summary of how the company will achieve its goals,meet the expectation of its customers , and sustain a a competitive advantage in the market. An example of a company with good strategy is Apple Co Ltd. It releases a few but highly anticipated products in the market. Its strategies involves a prolonged series of high quality production in a fewer quantities ,employing a high technology and allowing procedure review by highly qualified products. Thus Apple mostly relies on Quality betterment, uniqueness ,decreased supply and increased anticipation that leads to high demand. They will advertise the product long before they manufacture it, adding to anticipation.

     I believe its strategies are successful since it has managed to remain competitive in market formerly dominated by Microsoft and  Sony companies. Apples products are always expensive compared to their equivalents from other companies.

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