Essays on Competitive Strategy

The paper presents a review of the book known as “Wharton on Dynamic Competitive Strategy." The book is divided into four parts and 17 chapters. Part one addresses understanding the advantage in changing competitive environment, part two addresses anticipating competitor’s actions, part 3 addresses formulating dynamic competitive strategy and the last part addresses choosing among alternative competitive strategies. This paper reviews part one of the book that covers chapters one to nine. The review involves a critical evaluation of the chapters and presentation of personal views on over the content of each chapter. The book brings together an ...

Business Plan

EXECUTIVE SUMMARY In a competitive market of weddings, it is necessary to develop a funding plan alongside with the marketing strategy. This will allow the start up business to create a marketing and start-up budget, and focus on planning the market entrance. In the case of a highly competitive market, the chosen market entry strategy is based on the industry’s analysis of competitive forces (Porter), and the fact that the market in the country is highly competitive, with fragmented. There is an intense rivalry among competitors, and customers, as well as suppliers have a high bargaining power. The ...

Introduction

The present report comprises of three sections. The first section discusses the recent trends in the business environment, which call for the attention of the Board of Directors as well as the Chief Executive Officer. The next section discusses Porter’s generic strategies including overall cost leadership, product differentiation, and focus strategies and demonstrates the way their implementation will help Partical, Inc. stay ahead of the competition in the global environment. The last section discusses and evaluates both the value chain analysis and Porter’s Five Forces, and indicates how the firms can gain competitive advantage through their effective ...

Analysis of Costa’s Activity

Business Activity Costa Coffee is the UK’s favorite coffee shop and one of the world’s leading coffee brands, serving premium coffee in .. countries around the globe (Costa official website, n.d.). The company uses Arabica and Robusta beans, originating from 70 countries situated at the Bean Belt region, in the equator, going through a rigid process of cropping and roasting, to assure the top quality coffee served in Costa’s shops (Costa official website, n.d.). Therefore, the scope of Costa’s activities refers to selling premium coffee through dedicated stores. It also includes selling coffee through vending ...

Define and discuss time and space utility

Products must be transported from the place where they are produced to the place where customers demand it to be delivered. The value-add that the product gains due to its transport is called space utility. The time utility is the length of time before or between the product deliveries, which consists of mostly storage and inventory time. When the organizations are able to deliver the goods at a time they are needed, then their time utility increases.

What is the Total Cost Analysis and how does is affect logistics?

Total cost analysis provides the methodology for integration of logistics, manufacturing, and procuring costs across the network. This is done to achieve ...

Best Fit Versus Best Practice

In the modern competitive business world, managers are increasingly using strategic human resource management (SHRM) in a bid to sustain growth and effectiveness (Kahiri et al., 2012; Hsieh & Chen, 2011). The realization of the critical importance of SHRM interventions is essential in promoting competitiveness, and profitability. For years scholars, consultants, and practitioners have debated and examined the best fit and best practice approach with an aim of pinpointing the best strategy. Universalistic academicians argue that companies that adopt a set of evidence-based practices put themselves in a higher level of competitiveness than their rivals (Kahiri et al., 2012; Milkovich ...

Video and Computer Games Industry

Organizations rely on environmental scanning to carefully monitor their internal and external environments with the aim of detecting opportunities and threats that may have a bearing on their current and future plans. Changes in technology have contributed to increased dynamics in the video and computer games industry, and companies have been forced to transform and adapt to stay competitive. Enterprises focusing on the retailing of DVD/CD/Computer games have been affected by the advent of competition especially from companies utilizing digital platforms to provide video and computer games to their clients (Grüsser et al., 291). There has been the ...

Business

Assignment 1 Business Model of Dollar General Corp The business model can be described in terms of value proposition, market segment, value chain structure, revenue generation and margins, position in value network, and competitive strategy.

Value Proposition

Dollar General Corp is facilitating customers with household needs, and is providing variety of products of general merchandise. It is providing items at everyday low price in small box stores that are conveniently located. The strategy of the company is to satisfy needs of customers by providing them convenience, quality products at low price, and help them in saving money.

The company is serving ...

Introduction . 2

Analysis .. 3 1) Structural Characteristics . 4 2) American Apparel mission statement 5 3) Organizational Structure .. 6 4) Porter’s Competitive Strategy . 7 5) The External Environment 8 6) Stages in the lifecycle, size, and control system .. 9

Recommendations and implementation plans 11

References . 12

1.Executive summary The issue that the American Apparel’s organization is facing is that they have a very unique strategy to run the business more effectively than its competitors; unfortunately, this strategy did not meet the external environment needs. Therefore, they had to lay off hundreds of workers and retooling its production process in ...

Description of the American Apparel’s Corporation

American Apparel is a leading basics brand for young adults and people of all ages, with both wholesale and retail divisions globally. The company was founded in 1989 by Dov Charney, a Canadian man with an interest in vintage American clothing and is known for cutting-edge advertising and product branding. Its operations adage “made in downtown LA” has contributed to significant brand awareness and a cult status worldwide. It is the largest sewing facility in North American with 5000 to 10000 employees. For American Apparel, many factors of the external environment pose a threat to the company, however, with ...

With more than 500 stores in at least 37 states and eight countries, Costco has continued to dominate the retail industry in America. Northouse (2015) noted that Costco’s competitive advantage in US retail industry can be explained by three key performance determinants in the flexible leadership theory: efficiency, adaptation, as well as human capital. In light of the company’s success in the retail industry, this paper provides a discussion on three key determinants in the flexible leadership theory and give an explanation of how the company can offer higher compensation to its workforce and still show success ...

Potential Country Markets

The process of identifying the high potential countries where General Motor products can be marketed used a broad examination of several factors. The factors considered included country rating, business climate rating, 2015 forecasted market size, and the overall market potential evaluation index. The 2015 forecasted market size would help me select the nations that are importing GM products for further in-depth analysis in this paper. With the current reports, India would not be a safe country to target for GM products. The country is experiencing around medium, and the volatility in its economy would make slight changes that are ...

Q1 Answer

Coca-Cola Company uses various multinational strategies to enhance efficiency in its operations. The strategies are in the categories of growth and marketing strategies. Product development strategy is a strategy that Coca-Cola Company utilizes in venturing international markets. The strategy involves continuous designing of unique products that are competitive in the market. Under this strategy, Coca-Cola Company focuses much on the continuous execution of market research geared towards identifying the changes of the customers’ preferences. This helps the company to design and develop unique products or redesign the existing products to meet such needs. The needs of customers change from ...

Video and Computer Games Industry

Organizations rely on environmental scanning to carefully monitor their internal and external environments with the aim of detecting opportunities and threats that may have a bearing on their current and future plans. Changes in technology have contributed to increased dynamics in the video and computer games industry, and companies have been forced to transform and adapt so as to stay competitive. Enterprises focusing on the retailing of DVD/CD/Computer games have been affected by the advent of competition especially from companies utilizing digital platforms to provide video and computer games to their clients (Grüsser et al., 291). There has ...

Internship Final Report

Executive summary Worley Parson is a multi-nationalservice company with different outlets in different countries including Saudi Arabia. Currently, Worley Parson has its presence in 46 different countries. This report presents the holistic experience I underwent through for the entire period I was there on internship program. This company offers a range of services among them being Engineering; Engineering and Procurement (EP) and Engineering, Procurement and Construction (EPC) just to name a few. The study finding are based on personal experience in the organization and any opinion expressed here are influenced by my academic training I have undergone a Human ...

Individual Case Analysis

Introduction It is vital for an organization to have a strategy to maintain its existence and to develop into the future. The generic competitive strategy is a methodology that aims at providing companies with strategic plans that would help them compete and gain traction in their respective marketplaces. It is one of the primary techniques of business planning for organizations across all industries. A company that has a well laid out generic competitive strategy can make good use of its strengths to ensure that it is well positioned within the competition (Liu, Au, & Choi 332). This paper analyzes Google’ ...

ENVIRO-WEAR has followed the differentiation competitive strategy to stay ahead of its competition. Differentiation involves the production of high quality products that attract the customers (QMBA, 2016). These products are developed in such a way that they are different from those of other companies in the same industry. Product differentiation adds some attractive qualities to the products so as to attract a large customer base. Product differentiation can be carried out on several aspects of the products. These aspects include functionality; support; durability; brand image; and features (Arline, 2015). The company can adjust these aspects so that they suit ...

1.0 History and growth Riot Games, Inc. (RGI) is a limited liability company based in Santa Monica, California, which started operations in 2006 (Riot Games, 2016). Marc Merrill (a former corporate marketing manager at Advanstar Communications) and Brandon Beck (a former strategy consultant for Bain & Company) found RGI with the intent of building on the developing multiplayer online battle area (MOBA) genre, which emerged from improvements on Blizzard’s hit games Star Craft and War Craft. They wanted to differentiate League of Legends (LOL) in four dimensions: “gameplay, community, e-sports, and intellectual property” (Gaudiosi, 2013). When RGI released LOL ...

Discussion of the Key Trends, Industrial Strategy, and Impact on Ireland Burger King

Introduction Early twentieth-century strategic business developments can hardly compare with the myriad impact and influences of major corporations today. The global economy is at once complex, fiercely competitive, and sits on a landscape filled with the unpredictability of any number of financial storms. Burger King Worldwide (BKW) as the world’s second largest fast-food hamburger chain, according to recent documentation, (Burger King Worldwide 2013) has expanded its presence in nearly ninety countries. With its main offices headquartered in Miami, Florida, BKW has led the industry’s sales in its niche of fast-food hamburgers thus accounting for 12 percent of ...

ABSTRACT

Customer satisfaction is a major concern to any business that intends to increase its sales. This research will be based on the need to understand what customers expect from business in an effort to improve success of a business. The research is planned to use a qualitative approach to collect data on the research topic. As can be noted in previous researches, customers’ satisfaction is an important contributor to the success of a business and hence it cannot be ignored. This research proposal gives the significance of collecting accurate information on consumer satisfaction; this is because previous findings have shown that incorrectly designed ...

Strategy for sustainable competitive advantage

Every organization’s corporate strategies are focused at developing a sustainable competitive advantage that will allow the company to continuously maintain and improve the enterprise’s competitiveness in the industry it is in. This enables the organization to stand strong despite competition or saturation of the market over a long time. An organization’s competitive advantage is said to exist if customers perceive the firm’s product or as superiors or better than that of its competitors. There are various sources of competitive advantage in organization. These sources revolve around an organization internal environment (Dess et al, 2005).

Dyer and Singh (Oct ...