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Topic: Student Questions
Strategic Mapping, Competetive Advantage (porter)
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so .. im an MBA student and currently doing my strategic management.
We are studying the competitive advantage using Porters 2 dimensional strategic mapping ( XY* model related).
Thing is.. the reading confuses me as it doesn't give detailed examples to take inspiration from, which when we are looking at sample cases, i have NO idea how to find subsets for the dimensions...
Example.. in a case of digital cameras industry ( which are a subset in consumer electronics ) ...
.. i know i can use geographical coverage as one dimension, but our professor has asked us to stay away from pricing position and geographical positioning.
im really clueless.. what dimensions and specific sets + subsets can i use, and HOW do i find subsets ? ... i have researched the internet 3 days now, and i cant find easily understandable information anywhere.. lots of infformation BY theoretic professors FOR theoretic academia.. but..not for a farmboy like me ...
so ...
If i have one (vertical) dimension on the positioning map being "Product quality DIMENSION", with the set of "amateur to professional" , using the subsets "simple VGA point'n shoot compact, high-res compact, semi-pro SLR, professional SLR.....
What can i , specifically and in increasing levels, use for the horizontal dimension ?
this is important.. and fairly urgent... im supposed to recite on monday and the professor kills us if we simply recite the theory itself, without showing we UNDERSTAND the framework......