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Can you anaylze the business strategy used by Xiaomi, within the reason that they choose that....

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General Management

Can you anaylze the business strategy used by Xiaomi, within thereason that they choose that. (Subject: Business Strategy)

Also provide a VRIO anaylsis framework of Xiaomi, to find itsresources and capabilities whether can be sustainable competitiveadvantage.

Answer & Explanation Solved by verified expert
4.2 Ratings (530 Votes)
The most effective business strategy that xiomi follows is less profit per product but more sales it sell smart phones at price less than competetorsit isles involved in advertising and marketing leading to less    See Answer
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