Strategic-Alternative Bundles - Essay Example

Comments (0) Cite this document
In this regard, the business managers need to be flexible as well as innovative in order to survive. Strategic alternatives enable the companies to gain competitive advantage. The strategic-alternatives bundles have various…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.5% of users find it useful
Strategic-Alternative Bundles
Read TextPreview

Extract of sample "Strategic-Alternative Bundles"

Strategic-Alternative Bundles s Strategic-Alternative Bundles The business environment isextremely uncertain. In this regard, the business managers need to be flexible as well as innovative in order to survive. Strategic alternatives enable the companies to gain competitive advantage. The strategic-alternatives bundles have various elements including exclusivity, plausibility, and if they are worthwhile.
First, Abraham (2012) argues that there is need to know if the bundles are mutual exclusive. It implies that doing one means eliminates the ability to do the others. In order to be sure, the components of one element can be common with the other. The question is directed to the whole alternative and not just certain components. On the other hand, if the check established that the strategic-alternatives are not mutually exclusive, for instance, one may have a thought to combine the first and the second strategy.
Second, the bundles need to be plausible. One needs to determine if there are good alternatives and not mediocre ones, whether there are other to put into consideration. This will enable the manager of an organization to be in a better position to establish if the course of action proposed by a certain bundle is doable.
Lastly, the strategic-alternative bundles need to be worthwhile. This will determine if implementing every one of them will result to success. Success means realizing a strategic intent and becoming stronger.
Creating more than a few bundles is very difficult because they are not just alternatives but business models with alternative visions. This implies that these models can are extremely difficult to implement in the business.
The six criteria strategic-alternative bundles should meet are (Abraham, 2012):
i. The amount of investment required. This criterion ensures practicality.
ii. Return on investment (ROI) and breakeven point.
iii. Match with the existing company culture
iv. Achievement of competitive advantage/core competence
v. Timing- There can be issues of timing to put into consideration among alternatives in question. Some alternatives are time sensitive.
vi. Increasing its bargaining power
vii. Clearly defined value position
Strategic-alternative bundles need to have objective, advantage, and scope, as well as core competencies. Scope entails who the customer is offering and geographic scope. Following this further, advantage involves a sustainable competitive advantage. Therefore, choosing alternative strategies is similar to choosing alternative bundles (Stead, Stead, & Starik, 2009).
Abraham, S. (2012). Strategic planning: A Practical guide for competitive success. New York: Emarald Group Publishing.
Stead, E., Stead, J. G., & Starik, M. (2009). Sustainable strategic management. New York: M. E. Sharpe. Read More
Cite this document
  • APA
  • MLA
(“Strategic-Alternative Bundles Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Strategic-Alternative Bundles Essay Example | Topics and Well Written Essays - 250 words. Retrieved from
(Strategic-Alternative Bundles Essay Example | Topics and Well Written Essays - 250 Words)
Strategic-Alternative Bundles Essay Example | Topics and Well Written Essays - 250 Words.
“Strategic-Alternative Bundles Essay Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategic-Alternative Bundles

Alternative medicine

...?Alternative Medicine Literature Review The prominent question surrounding the use of alternative medicine is whether there is enough evidence that confirms the benefits accrued from its use. The scepticism is based on the fact that the health benefits of the alternative medicine have not been fully assessed in a satisfactory way. According to Micozzi (2006), “Allopathic medicine is considered the “scientific” healing art, whereas the alternatives have been considered “non-scientific” (p. 3). Allopathic medicine is more popular across the health care divide because satisfactory research and evidence is available to support its use. According to Kaptchuk (2002), most...
5 Pages(1250 words)Research Paper

Alternative therapist

...? Alternative Therapist: History and Role in Modern Medicine Alternative medicine has increasingly gained popularity for the past 25 years and a lot of the credit for the revamp of this health system is due to the Alternative therapists that have been professionalizing their practice and placing standard for proper scientific evaluation. From being dissed by the modern medical world to its status today, Alternative medicine and its practitioners – the alternative therapists are indispensable tools for holistic healing. In the future, more scientific evidence of the effectiveness of Alternative medicine will surface and with this, the status and reputation of the Alternative Therapists will once again belong to them. Keywords: CAM... ,...
5 Pages(1250 words)Research Paper

Alternative Assignment

...? Alternative Assignment Paper Outline Introduction Techniques Selected Technique I. Background II. Process III. Example IV. Strengths & Weaknesses Technique 2 I. Background II. Process III. Example IV. Strengths & Weaknesses Technique 3 I. Background II. Process III. Example IV. Strengths & Weaknesses Comparison of Techniques Conclusion Introduction This project is a review of the processes that operate in Maple Ridge Engineering. From the Business analyst perspective, the management of MRE is in need to implement a change process, which in this case involves the processes of strategic planning. It uses specific tools for implementing the process. MRE focused on the integration of the GEMS system to facilitate the planning... and...
12 Pages(3000 words)Essay

Alternative Benchmarking

...Part I The business world in the 21st century has become an extremely competitive environment in which corporation seeks alternative arrangements to join forces with other players to ensure it’s current and long term survival. Some of the options available for the two companies to interchange resources are joint ventures, strategic alliances, hostile takeover, minority ownership, partnerships and exporting. The Lester Electronics scenario demonstrates a case in which many players are negotiating and evaluating different alternatives to buy equity sell equity or join forces with another player in the industry. Lester Electronics had an exclusivity agreement to purchase its electronic...
2 Pages(500 words)Essay

Alternative Medicine

...suspicion. In some cases, the information is quite valid and the necessary research to support it is becoming increasingly available. In other cases, though, the information has been proven wrong, ineffective and sometimes even counterintuitive. Because it is impossible to know, with just an initial look, whether the claims of the article or legend are true as stated, it’s a good idea to question the claims made by conducting a thorough analysis. One substance frequently being used as an alternative to drug therapy for the treatment of inflammatory bowel disease and several other common ailments is the herb known commonly as yarrow. There are a number of different cultivars of yarrow which thrive in many parts of the...
5 Pages(1250 words)Research Paper

Alternative energy

...beneficial outputs e.g. electrical power. Passive solar technologies, on the other hand, is more of a systematic use of selected materials that can be utilized to provide natural movement of air in a room and using materials with ascribed thermal properties. In a nutshell, the difference is that active solar energy technologies functions as an alternative supplier of energy that mounts the availability of solar energy; passive solar energy technologies minimizes the need to use energy (Cedric, "The Present and Future use of Solar Thermal Energy as a Primary Source of Energy"). Solar Lighting It is a technique that reduces light-related energy consumption by the use of the light that comes from the sun. Solar lighting...
5 Pages(1250 words)Research Paper

Alternative Therapy

...Although the level of medical knowledge has greatly increased and expanded within the past few decades, there are still number of areas in which the traditional medicinal approach to dealing with disease and wellness falls short. One these shortcomings is the fact that public policy with regards the way in which therapies are integrated with the patient are almost always based upon the means by which the action will integrate with the disease or illness in question (Cheng & Ives, 2010). However, with regards to alternative remedies, one of the most important aspects that these oftentimes seek to integrate is an improvement in the overall quality of life of the individual. In case of terminal illness in which promoting...
1 Pages(250 words)Assignment


...electricity to alternating current to aid electricity usage on the power network. The energy from solar panels is more inclined to intermittent issues due to unpredictable weather. During the cloudy and rainy weather, solar energy using home may run short of energy. Therefore, these issues make this energy unreliable. Fan energy: Long before the 20th century, wind turbines were used to harness the force of the wind to grind grain and pump water. With the advancement of technology, giant fans are made today to produce electricity. On top of every wind turbine, there is a box called a nacelle with three blades attached to it. These propeller-like blades...
2 Pages(500 words)Essay

Alternative Assgiment math is presented in their social domain they tend not to de well. On the other hand, a positive stereotype, college students are good at math helps student in the colleges to do better because they take the positive reinforcement and neglect the negative one that women do not do well in math. This is in relation to the SIT. Stereotype threats in mathematics can be reduced by having women take themselves as individuals and not members of an entity, women describing traits that are overlapping in men and women, and identifying women highly in making of self-concept maps (Rydell, Beilock, & McConnell, 2009). In cases of multiple social identities and stereotype threats, one can activate an alternative social identity,...
5 Pages(1250 words)Essay

Alternative therapies

...Alternative Therapies Nursing work March 11, Alternative Therapy in Bipolar Disorder The treatment of bipolar disorder entails keeping in check manic and depressive symptoms. Manic symptoms include spontaneous behavior, extreme petulance, and worry while depressive symptoms include low mood, loss of appetite, and emotive unresponsiveness. Fewer alternative treatments for manic disorder exist compared to those of depressive indicators because most patients with bipolar disorder suffer from depressive tendencies. As a nurse practitioner, I would advise the patient’s family on the available alternative therapies for bipolar disorder. Some of the alternative...
1 Pages(250 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Strategic-Alternative Bundles for FREE!

Contact Us