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These commitments, combined with its top-tier upstream assets, successful crude-by-rail program and joint ownership in two high-performing U. Cenovus also plans to advance high-return projects to sanction-ready status for possible final investment decisions as early as the second half of , conditional on improved market access. As a result of structural improvements achieved over the past several years at its oil sands operations, Cenovus expects to further reduce non-fuel per-barrel operating costs and maintain low sustaining capital costs in The Budget forecast does not assume any expected impact from curtailment. See Advisory for information on conversion to barrels of oil equivalent BOE. Oil sands Cenovus has among the best assets in the in-situ oil sands industry with top-tier resources, industry-leading steam to oil ratios and low operating costs. Final investment decisions on these organic opportunities remain subject to further clarity on market access. In addition, the company will advance a multi-pad solvent demonstration project at Foster Creek, with solvent injection planned to begin in focus cost leadershipFocus cost leadership - you head
Business-level strategy addresses the question of how a firm will compete in a particular industry. On the surface this seems to be a simple question, but it is quite complex. The reason is that there are a great many possible answers to the question. Consider, for example, the restaurants in your town or city. Each of these restaurants competes using a business model that is at least somewhat unique. The solution is to think about business-level strategy in terms of generic strategies. A generic strategy is a general way of positioning a firm within an industry. Table 1 Business-Level Strategies. Firms compete on two general dimensions — the source of competitive advantage cost or uniqueness and the scope of operations broad or narrow. Four possible generic business-level strategies emerge from these decisions.
Make sure you are familiar with the four leadership styles covered in the situational approach including Directing, Coaching, Supporting, and Delegating and situations where you are supposed to use these four styles. Get your paper written from scratch within the tight deadline.
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