SHANGRI-LA HOTEL 2. Based on internal and external factors, how does a certain firm compete in business arena? Cite at least two objectives.
- The firm competes for the target market by
providing services and product to its consumer in a high class and luxurious manner gaining its high reputation, and to the competing businesses in the industry, gaining its own reputation different from its competitors.
3. Describe the distinctive competencies of the business.
- Shangri La Hotels provides high class and luxurious
services to its customers altogether with its high end architectural design of the hotel. The management provides services and products which the guest loves and fits their desires and these services meet the expectation of the guest.
4. Is the firm's competency produces competitive
advantage and sustainable? Justify your answer.
Yes, the management of Shangri La Hotel provides transparency
of its management making sure that not only the employees but also the customers are able to see and observe their ways of managing the business. The management is capable of distinguishing its own strength and the weakness of the business and the opportunities that may come to the business and also the threats they may face. By being able to distinguish these the company is able to improve its management to provide more adaptable and sustainable services to customers. Thank you!