Strategic Choice: an examination of the Chinese luxury market for the Mantero Company

The ultimate objective of strategic management is to instruct managers in how to gain sustained competitive advantage within a dynamic market environment. The Chinese luxury market, with its extremely dynamic nature, provides a strong insight for the application of the dynamic business strategy theo...

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Main Author: Lin, Weibiao
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Online Access:https://eprints.nottingham.ac.uk/21333/
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author Lin, Weibiao
author_facet Lin, Weibiao
author_sort Lin, Weibiao
building Nottingham Research Data Repository
collection Online Access
description The ultimate objective of strategic management is to instruct managers in how to gain sustained competitive advantage within a dynamic market environment. The Chinese luxury market, with its extremely dynamic nature, provides a strong insight for the application of the dynamic business strategy theory. Relatively, by using a dynamic market view to apply the Porter's generic strategies, the dissertation aims to provide a detailed business strategic plan for Mantero Company. Research on the Chinese consumer's consumption behavior is conducted and tested based on the age and geographic difference. The research mainly analyzes two age groups, one is consumers aged from 25 to 45 years old, and another is consumers aged from 55 to 70 years old. Consumers from the four regions of China are analyzed, which are Guangzhou, representing the southern China, Shanghai, representing the east China, Beijing, representing the northern China, and Chongqing, representing the central China. Based on the analysis, a potential demand for luxury goods in China is identified and justified, which is rich consumers aged from 55 to 70 years living in the southern and east regions of China. In order to capture the potential demand, two competitive strategies are suggested to be applied by Mantero Company, which are cost leadership and focus differentiation strategy.
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spelling nottingham-213332018-04-26T17:32:58Z https://eprints.nottingham.ac.uk/21333/ Strategic Choice: an examination of the Chinese luxury market for the Mantero Company Lin, Weibiao The ultimate objective of strategic management is to instruct managers in how to gain sustained competitive advantage within a dynamic market environment. The Chinese luxury market, with its extremely dynamic nature, provides a strong insight for the application of the dynamic business strategy theory. Relatively, by using a dynamic market view to apply the Porter's generic strategies, the dissertation aims to provide a detailed business strategic plan for Mantero Company. Research on the Chinese consumer's consumption behavior is conducted and tested based on the age and geographic difference. The research mainly analyzes two age groups, one is consumers aged from 25 to 45 years old, and another is consumers aged from 55 to 70 years old. Consumers from the four regions of China are analyzed, which are Guangzhou, representing the southern China, Shanghai, representing the east China, Beijing, representing the northern China, and Chongqing, representing the central China. Based on the analysis, a potential demand for luxury goods in China is identified and justified, which is rich consumers aged from 55 to 70 years living in the southern and east regions of China. In order to capture the potential demand, two competitive strategies are suggested to be applied by Mantero Company, which are cost leadership and focus differentiation strategy. 2007 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/21333/1/07MALIXWL14.pdf Lin, Weibiao (2007) Strategic Choice: an examination of the Chinese luxury market for the Mantero Company. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Lin, Weibiao
Strategic Choice: an examination of the Chinese luxury market for the Mantero Company
title Strategic Choice: an examination of the Chinese luxury market for the Mantero Company
title_full Strategic Choice: an examination of the Chinese luxury market for the Mantero Company
title_fullStr Strategic Choice: an examination of the Chinese luxury market for the Mantero Company
title_full_unstemmed Strategic Choice: an examination of the Chinese luxury market for the Mantero Company
title_short Strategic Choice: an examination of the Chinese luxury market for the Mantero Company
title_sort strategic choice: an examination of the chinese luxury market for the mantero company
url https://eprints.nottingham.ac.uk/21333/