UOL Topic 8: Competitive strategy for IB by Ms CAT SHIPPING KOH https://padlet.com/catloverkoh/2igc0spb7c14 en-us 2018-08-30 10:47:10 UTC 2026-02-05 09:40:54 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Clouds.png https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776728251 COMPETITVE STRATEGY FOR INTERNATIONAL

BUSINESSES

]]> 2026-02-04 09:20:23 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776728251 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776730894 five forces framework

]]> 2026-02-04 09:21:25 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776730894 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776731372 generic strategies of cost leadership, differentiation and

focus

]]> 2026-02-04 09:21:56 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776731372 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776732384 resource-based approach

]]> 2026-02-04 09:22:36 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776732384 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776732766 VRIO framework

]]> 2026-02-04 09:22:56 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776732766 Michael Porter's 5 Forces (Competitive Rivalry) https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776733613 Threat of potential entrants

Threat of entry

Threat of substitute

The bargaining power of buyers

The bargaining power of suppliers

]]> 2026-02-04 09:23:43 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776733613 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776735086 institution-based view on international competitiveness

]]> 2026-02-04 09:24:13 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776735086 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776735692 choosing the right position, leverage, or opportunity

strategy

]]> 2026-02-04 09:24:47 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776735692 cost leadership https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776737505 become the low-cost producer in the industry

weakness: compromises value due to drive to reduce costs

]]> 2026-02-04 09:25:47 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776737505 Generic Strat https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776740458 Product Differentiation

Market Segmentation

Key Functional Areas

]]> 2026-02-04 09:28:31 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776740458 primary resources https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776741800 tangible assets: financial, physical technological

intangible assets: goodwill, reputation, innovation

]]> 2026-02-04 09:29:50 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776741800 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776742347 (V)alue

(R)arity

(I)mitability

(O)rganizational

aspects of Resources and Capabilities

]]> 2026-02-04 09:30:25 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776742347 human resources https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776748194 skills talents knowledge

capacity for collaboration

interpersonal interactions

shared values

]]> 2026-02-04 09:35:34 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776748194 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776752378 Institutions shape international competitiveness.

  • Formal: laws, regulations, legal systems

  • Informal: culture, norms, customs, unwritten rules

These affect how firms behave, compete, and perform internationally.


]]> 2026-02-04 09:39:13 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776752378 capabilities https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776755014 innovation

operations

marketing

sales and distribution

corporate functions

]]> 2026-02-04 09:41:38 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776755014 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776760125 Positioning Strategy - choose an unoccupied position, setting themselves apart from other competitors

Leverage Strategy - using existing advantages such as brand image, popularity etc. to launch new products

Opportunity Strategy - spotting unmet customer demands, entering quickly to benefit from it

]]> 2026-02-04 09:45:55 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776760125 Differentiation https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776762806 Provide unique, high quality products or services, targeting broad markets with customers willing to pay a premium for distinctive features

]]> 2026-02-04 09:48:22 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776762806 https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776763228 in-house outsource

partner offshore

]]> 2026-02-04 09:48:47 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776763228 Focus https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776764515 Concentrate on niche market (either cost or differentiation-focused), comes with strong customer loyalty, reduced competition

]]> 2026-02-04 09:50:01 UTC https://padlet.com/catloverkoh/2igc0spb7c14/wish/3776764515