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Business Case Analysis of Sydney Symphony Orchestra

   

Added on  2022-10-19

7 Pages1212 Words218 Views
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Due date: COMPETITIVE
STRATEGY
Name of the Student:
Name of the University:
Words:
References:
Business Case Analysis of Sydney Symphony Orchestra_1

COMPETITIVE STRATEGY
Table of Contents
1. Introduction............................................................................................................................3
2. Strategic Analysis of The Sydney Symphony Orchestra.......................................................4
2.1. Key Strategic Issues of the Sydney Symphony Orchestra..............................................4
2.2. The Business Strategic Model for the Key Strategic Issues...........................................4
2.3. Application of the Cost Leadership Strategic Model......................................................5
2.4. The outcome of the Application......................................................................................5
3. Conclusion..............................................................................................................................5
4. References..............................................................................................................................6
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Business Case Analysis of Sydney Symphony Orchestra_2

COMPETITIVE STRATEGY
1. Introduction
Characterized as a series of competitive shifts and activities, business strategy is used to grab
the attention of the customers as well as to compete fruitfully in the industry. Strategies are
also utilized to make the performance reliable and to accomplish the organizational targets
and desiderated ends. The simple business strategies that are used to sort out the strategic
troubles, namely cost leadership strategy, differentiation strategy and lastly, focus strategy.
Cost Leadership Strategy is about providing advantages at a reduced rate than the
competitors. Differentiation Strategy is significantly utilized to emphasize the loyalty of the
customers rather than forming a considerable share of the market. On the other hand, focus
Strategy necessarily includes a trade-off amongst the number of sales and profitability. The
report will focus on the business case analysis of the Sydney Symphony Orchestra (SSO)
emphasizing its key strategic issues along with a consistent strategic model. The application
of the proper strategic model may lead to sort out the strategic aspects of the organization.
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Business Case Analysis of Sydney Symphony Orchestra_3

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