Creating profitable and economically savvy business strategy

Assignment Help Operation Management
Reference no: EM131034770

The subject of the last section of material, and the class generally, has been about creating a profitable and economically savvy business strategy, creating a competitive advantage, and maintaining that competitive advantage over time. For this question you may research online to find an example of a company that has been in business for at least 50 years, but is not in any way related to the industry you are writing about for the Five Forces paper. Answer the following questions for the 50- year old company:

a) What is the name of the company, when was it formed, and what is the basic product or service of the company.

b) What kind of industry is the company involved in? Is the company profitable? Explain generally, and based on the last few years of financial reports.

c) Now, based on the material from the class, explain how has the company created a competitive advantage, and how it has reinvented itself to maintain that advantage over time?

Reference no: EM131034770

Questions Cloud

What skills taught to foster parents in this intervention : Did parental education predict parent endorsement of youth ADHD symptoms, and if so did this variable predict endorsement consistently across type of ADHD symptoms (e.g., inattentive and hyperactivity symptoms;). In their discussion, the authors ..
Should pvc have accepted boat and the gift : HA3032 AUDITING AND ASSURANCE SERVICES. Ocean Adventures Limited is a large importer/wholesaler of luxury cruise boats and is currentlyexperiencing financial difficulties. What if any, issues exist in this situation? Should PVC have accepted boat an..
Identify triggering event : Choose an organization at which you are currently working or a Middle Eastern organization with which you are familiar. Include the following in your analysis: A description of organization Identify triggering event that might signal a need for cha..
Prepare a engineering level report : This is an engineering level report should be a bit more advanced on a council in melbourne "whittlesea city council"
Creating profitable and economically savvy business strategy : The subject of the last section of material, and the class generally, has been about creating a profitable and economically savvy business strategy, creating a competitive advantage, and maintaining that competitive advantage over time. What is the n..
Describe the potential members of the interdisciplinary team : Describe the potential members of the interdisciplinary team for budget development and the role of each individual. What are the specific responsibilities of nursing in the development of the budget?
Should the boom be fully retracted : The front wheels are free to roll. Do an equilibrium analysis to explain your answer.
Sales presentation-campaign that introduces idea for product : Select a product that you like or a product you use. Design a sales presentation/campaign that introduces an idea for the product, or a better way to promote the product.
Create a training manual that introduces purpose of qi plan : Create a four part training manual that introduces the purpose of a QI plan and its components for new staff members. Identify what is a QI plan and its purpose. Identify the components of a QI plan.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Training requirements in the hazard communication

Compare and contrast the training requirements in the Hazard Communication Standard (HAZCOM) (1910.1200) and the Lead Standard (1910.1025). If an employee is exposed to lead above the action level, would the training specified in the HAZCOM standa..

  Compute mad and made for management''s technique

Compute MAD and MADE for management's technique, Do management's results outperform (ex have smaller MAD and MAPE than) a naive forecast?

  Compare and contrast large scale change techniques

Compare and contrast large-scale change techniques with the traditional guiding coalition approach. What are the strengths and weaknesses of each?

  What are the main differences between aggregate planning in

what are the major differences between aggregate planning in manufacturing and aggregate planning in services?many

  What elements define value for customers of romulus plant

What elements define value for the customers of the Romulus plant? What is the role of logistics and logistics consider-ations in the success of the Romulus plant?

  By including all stakeholders in the process redesign

By including all stakeholders in the process redesign; proper roles and responsibilities are defined.  While very often debated, the functional area that should have responsibility for a component of the process usually does despite how unpleasant th..

  Process for integrating conceptual tools for sense-making

What steps would you suggest that could guide managers in integrating and applying the conceptual frames we've studied thus far? The response should represent a first attempt at designing an original and effective process for analysis of organization..

  Solving an inventory problem

The company you are employed with has asked for your help in solving an inventory problem. Many of the company’s dependent demand inventory items are cluttering their facilities. Several of these items are coming in weeks before they are actually nee..

  Describe the impact the unethical conduct

Find a recent news story in which there was unethical conduct on the part of an organization or group. For example, consider the Facebook IPO and the accusations of insider trading. Describe the impact the unethical conduct had on the organization’s ..

  How would you go about attracting and recruiting talented

How would you go about attracting and recruiting talented workers to your organization? Suggest ideas you would use to retain stars and keep them happy working for you.

  Dramatic impact on the planning and management of logistics

Changes in consumer behavior have had a dramatic impact on the planning and management of logistics. One of these changes has been the trend toward "mass customization." What is mass customization and what are the implications for logistics managers?

  Osha compliance has generated some controversy

OSHA compliance has generated some controversy in some business circles. Some in the business world feel it has become overly complex and burdensome

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