What is Marriott’s core competency? Do they have one? If so explain how it fits
ID: 357458 • Letter: W
Question
What is Marriott’s core competency? Do they have one? If so explain how it fits their generic strategy. Or if not explain what they need to do to compensate for the lack What is Marriott’s core competency? Do they have one? If so explain how it fits their generic strategy. Or if not explain what they need to do to compensate for the lack What is Marriott’s core competency? Do they have one? If so explain how it fits their generic strategy. Or if not explain what they need to do to compensate for the lack What is Marriott’s core competency? Do they have one? If so explain how it fits their generic strategy. Or if not explain what they need to do to compensate for the lack What is Marriott’s core competency? Do they have one? If so explain how it fits their generic strategy. Or if not explain what they need to do to compensate for the lackExplanation / Answer
a. The core competencies of Marriott are:
Marriott’s generic strategy is its commitment to business integrity and service and critical adherence to quality in whatever they do. This strategy is aimed at fulfilling the customer requirements and making them happy. The above core competencies completely fit into the generic strategy of Marriott Hotels, as the ultimate business philosophy is to be the best in whatever they do.
b. Incremental production costs decline at a constant rate over time as is the production experience gained. The incremental production cost is inversely proportional to the learning curve. The steeper goes the slope of the learning curve, the more rapidly does the incremental production costs decline.
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