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Tuesday, May 21, 2019

Dippin Dots UK

Case 34 Dippin Dots Ice Cream and Coffee? 1) What elements in the external environment competency affect Dippin Dots strategy? * The threat of fresh entrants into the industry creates more competition. * The power of the suppliers and buyers. As the present competition and potential sassy competition in the frozen desserts segment, lead a major effect externally. * There are already substitutes to the Dippin Dots products, but there is still threat of new substitutes. * Intense rivalry is among Dippin Dots there are many imitators of this product. * Due to the market prices, the economy has a great tinge on sales. ) What internal resources does Dippin Dots have that might help it support its competitive strategy? * A Unique Value Chain * Professional business connection with McDonalds. * The human intellectual knowledge was what isolated Dippin Dots from others. * Jones was a microbiologist, * R&D is one major key in the Dippin Dots market, after all thats how Mr. Jones started. * Example Mr. Jones developed the microencapsulating. * Entrepreneurial leadership was how Dippin Dots was created, and have leaded them to a creative mindset. * One of the 500 fastest growing companies, ranked 4 on the Entrepreneur magazines 2004 list. Total timberland worry lead to the quality of products and processes that Dippin Dots creates. 3) What is Dippin Dots competitive strategy, and what is the basis of its competitive advantage? * Total Quality Management * The quality standards are maintained throughout the organization. * The boilersuit product is a competitive strategy in itself. * Procedures, processes and resources needed to implement quality management, and are determined by the quality of the product, the satisfaction of the customer, cost analysis, revenue, and management performance. The Growth and Expansion * Interest is increasing for Dippin Dots, and other entrepreneurs contacted Jones about opening up stores to sell. * Dippin Dots has grown into a multim illion dollar company gaining more dealers. * Franchise Dippin Dots. 4) How has an entrepreneurial strategy and the management of innovation helped Dippin Dots establish its competitive edge? What challenges remain for Curt Jones? * Entrepreneurial Strategy * Family Business Model * Adaptive new portal * Ability to begin franchises, and get their names out there. * Management Innovations Incremental innovations through the development of new ways to make Dippin Dots even more of a threat. * Sustainability to be able to continue to grow their business. * Curt Jones got a patent for public disclosure of the invention. * Challenges for MR. Jones * There is always going to be completion that could impact the company, especially their popularity. * Advertising can be an issue, there is a lack of it in the market, and is only marketed in certain areas. * Finding was to continue to make Dippin Dots obsolescent and difficult to imitate, because so many frozen dessert companies are trying to come close to imitate the ice cream dots.

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