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A Strategic Approach To Capitalizing on Market Disruptions
A Strategic Approach To Capitalizing on Market Disruptions
Order ID 53003233773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
A Strategic Approach To Capitalizing on Market Disruptions
Market disruptions can represent significant opportunities for businesses to gain a competitive advantage. However, capitalizing on these disruptions requires a strategic approach that considers the nature of the disruption, the company’s strengths and weaknesses, and the potential impact on the market and customers.
Step 1: Identify the Disruption
The first step in capitalizing on a market disruption is to identify the disruption itself. This requires a deep understanding of the market, the industry, and the company’s position within it. Companies should look for changes in consumer behavior, technological advancements, or shifts in market dynamics that could lead to new opportunities.
Step 2: Evaluate the Impact
Once the disruption has been identified, it is important to evaluate its potential impact on the market and the company’s position within it. This can involve conducting market research, analyzing industry trends, and considering the company’s strengths and weaknesses. Companies should also consider the potential impact of the disruption on their customers and partners.
Step 3: Develop a Strategic Plan
Based on the evaluation, companies should develop a strategic plan to capitalize on the disruption. This plan should consider the company’s resources, capabilities, and limitations, as well as the potential risks and benefits of different courses of action. Companies should also consider the potential impact of their actions on the market, competitors, and customers.
Step 4: Implement the Plan
Once the strategic plan has been developed, it is time to implement it. This requires a commitment to execution and a focus on achieving results. Companies should allocate the necessary resources, engage their employees, and leverage their networks to execute the plan effectively.
Step 5: Monitor and Adjust
Finally, companies should monitor the results of their actions and adjust their strategies as needed. This requires continuous evaluation of the market, the company’s position, and the impact of the disruption. Companies should also be prepared to pivot their strategies if necessary, in response to changes in the market or their competitive position.
In conclusion, capitalizing on market disruptions requires a strategic approach that is based on a deep understanding of the market, the company’s position within it, and the potential impact of the disruption. Companies should develop a comprehensive plan, allocate resources, engage employees, and be prepared to adjust their strategies as needed. By taking a proactive and strategic approach, companies can gain a competitive advantage and position themselves for long-term success.
A Strategic Approach To Capitalizing on Market Disruptions
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). 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APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. 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The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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