Maintain a competitive advantage in the marketplace

Assignment Help Operation Management
Reference no: EM131400164

For businesses to succeed they must maintain a competitive advantage in the marketplace. The key to doing this has changed over the last century as illustrated in our discussion in week one about the 21st century business environment and its challenges. In theme one, we take a closer look at the way managers create competitive edge in the 21st century organization.

You have been hired by Baltimore Spring Waters, Inc. (BSW) as a management consultant. The growing demand for bottled water in the face of worldwide supply shortages has management at BSW concerned about the future of the business. The company wants to remain competitive in price knowing that sourcing difficulties will make it harder to do.

The question posed to you is how can BSW’s managers help the company maintain their competitive edge? Using this week’s course material and the articles from last week on 21stcentury organizations, answer this question for BSW.

Reference no: EM131400164

Questions Cloud

Guitar fabrication shop produces low? cost : Mack's guitar fabrication shop produces low? cost, highly durable guitars for beginners.? Typically, out of the 100 guitars that begin production each? month, only 82 percent are considered good enough to sell. The labor productivity ratio for? Mack'..
Evaluate challenges-opportunities in aircraft manufacturing : Evaluate the challenges and opportunities in the aircraft manufacturing industry following World War II as commercial and military aircraft evolved from piston-engine to high- performance, jet aircraft. In your analysis, consider factors that influen..
Considered in stakeholder analysis of the project : Create a list of stakeholders that should be considered in a stakeholder analysis of the project below: " A major retail sore spent $24 million dollars on a large private satellite communication system that provides state-of-the-art voice, data, and ..
Explain the goals of production and operations management : Explain the goals of production and operations management in terms of improving efficiency by lowering costs, improving effectiveness by crExplain the goals of production and operations management in terms of improving efficiency by lowering costs, i..
Maintain a competitive advantage in the marketplace : For businesses to succeed they must maintain a competitive advantage in the marketplace. The key to doing this has changed over the last century as illustrated in our discussion in week one about the 21st century business environment and its challeng..
Contemporary themes leisure : Define music/arts as it relates to today's contemporary themes leisure. For example, does your art define leisure as free time, recreational activity or attitude or some combination?
Identify different ways you can get land line : Please identify different ways you can get land line (wire line) based Internet Access in the US. Identify ranges of speed supported as well general cost and at least three different providers of service. Additionally identify how readily available I..
Transcendent and immanent notions of sacredness : Explain the difference between transcendent and immanent notions of sacredness. What emphases might we expect in a religion that acknowledges a transcendent god or gods? What emphases might we expect in a religion that emphasizes sacredness that is i..
Moral and personality weakness and bad habit : The age old debate in the field of addiction is whether or not alcohol/drug addiction is a disease or just merely a moral and personality weakness/bad habit. Please discuss this rift in the field of addiction today.

Reviews

Write a Review

Operation Management Questions & Answers

  Nature of new product from cost breakdown estimation

How does the cost breakdown of the previous orders and Mr. Travis’ estimate differ? What can be inferred about the nature of the new product from the cost breakdown estimation? How can each item of a cost breakdown be interpreted in regard to each ot..

  Creating a psychographic profile

Psychographics are AIO (activities, interests, and opinions) measures. In this discussion, you will have a chance to utilize these AIO measures to create a psychographic profile. Utilize the AIO measures, as described in your reading for the week (in..

  Ability to develop brand as source of competitive advantage

Do ethical practices affect a firm’s ability to develop brand as a source of competitive advantage? If so, how does this happen? Can you think of brands that are a source of competitive advantage at least in part because of the firm’s ethical practic..

  Show how later helps consumer in recommending car

Define them and show how later helps consumer in recommending a car among 3 brands. Assume that total features that are steering consumer's selection are: number of seats, availability of spare parts, engine performance and preferences of people ..

  What is average utilization of the computers

What is the probability that an arriving customer will find all massage chairs occupied and what is the minimum total number of computers that the firm will have to install to meet this goal?

  What are the unique characteristics of the markets

International corporations must decide whether to take a standardized approach to the market (Table 8.1 in Kotler & Keller) or an adapted approach. Research at least one product sold by the firm in their home market and their international markets ta..

  Since the advent of conglomerates in the last half century

Since the advent of conglomerates in the last half century, more and more patents are bought and owned by major companies. The days of Thomas Edison are over. What are some of the things that you ca do to protect your original ideas?

  What we live in could be considered global marketplace

What we live in could be considered a global marketplace. Due to the internet and vast distribution methods we can buy or sell anything around the world. How does globalization impact a brand and your product strategy? What pros and cons are there to..

  Fixing an interest rate is pro-cyclical

The textbook says that fixing an interest rate is pro-cyclical, but the Fed now uses something like a Taylor Rule, which targets an interest rate. Why isn’t this a contradiction?

  Competency-based approach

According to Shockley-Zalabak (2015), organizational communication can be viewed as a competency-based approach. By becoming more competent in four areas, we can become more competent communicators. If an employee is able to understand what others ar..

  Federal system decentralizes political authority

The federal system decentralizes political authority and this inevitably affects public administration’s operations at all levels of government. Administration accordingly occurs within a complex environment in which authority is shared among differe..

  What knowledge will give them global competitive advantage

Snyder, Wenger, and McDermott suggest that practice-based learning communities have been in existence since the dawn of man. They go on to claim that knowledge has become the key to success and that it is simply too valuable of a resource to be left ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd