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FOR THIS ASSIGNMENT WE ARE USING THE GLOBUS SIMULATOR TECHNOLOGY. (I’ll attach a link with videos describing the simulator) MY COMPANY IS COMPANY B IN THE ATTACHED PHOTOS. (FTR ). WE HAD ORIGINALLY DECIDED WE WANTED TO FOCUS ON ONE VERY HIGH QUALITY DRONE AND TWO CAMERAS, ONE SIGNIFICANTLY BETTER QUALITY BUT STILL AT A REASONABLE PRICE. I need these questions answered based on the the attached pictures.
Which one of the five basic competitive strategies best characterize your digital camera company’s strategic approach to competing successfully?
Which rival camera companies appear to be employing a low-cost provider strategy?