StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Operations Strategies for Gaining Competitive Advantage - Assignment Example

Comments (0) Cite this document
Summary
In the paper “Operations Strategies for Gaining Competitive Advantage,” the author compares the strategies of Dell and Toyota companies to all their aspects in order to examine their suitability for the production of the desired corporate targets and mainly for the acquaintance of competitive advantage…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.4% of users find it useful
Operations Strategies for Gaining Competitive Advantage
Read TextPreview

Extract of sample "Operations Strategies for Gaining Competitive Advantage"

Download file to see previous pages The whole corporation strategy is based on the principle of direct contact with customers. This contact is achieved by selling computer systems directly to the customers (direct business model). As of its performance objectives, the company is been focused on the retention of its current position in the market (Daroca et al, 1996) with a prospect of an extension of its area of influence through the application of direct business model (as analyzed above) as well as its entrance to new, standardized product categories, such as network servers, workstations, mobility products, printers and other electronic accessories [1]. Another characteristic of a corporation’s strategic options (regarding the performance objectives set when designing the whole corporate strategy) is the effort to keep a balance between the growth, profitability, and liquidity (in order to ensure the high level of shareholders’ returns). The statistical data related to the firm’s performance - according to which one out of five standards-based computer system sold in the world today is a Dell – proves that the operational strategy of the company regarding the specific aspect can be characterized as successful.
Toyota Motor Corporation was founded in 1894 by Kiichiro Toyoda. Today the company is one of the world’s leading automakers, offering a full range of models. Moreover, the company owns 12 plants and 11 manufacturing subsidiaries and affiliates in Japan and 51 manufacturing companies in 26 countries worldwide. The main performance objective of the company is retention. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Operations Strategies for Gaining Competitive Advantage Assignment, n.d.)
Operations Strategies for Gaining Competitive Advantage Assignment. https://studentshare.org/business/1703591-operations-strategies-for-gaining-competitive-advantage
(Operations Strategies for Gaining Competitive Advantage Assignment)
Operations Strategies for Gaining Competitive Advantage Assignment. https://studentshare.org/business/1703591-operations-strategies-for-gaining-competitive-advantage.
“Operations Strategies for Gaining Competitive Advantage Assignment”. https://studentshare.org/business/1703591-operations-strategies-for-gaining-competitive-advantage.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Operations Strategies for Gaining Competitive Advantage

Operations Management for Competitive Advantage

Amongst the numerous concepts and tools that can come under application for the problem related to the facility location and layout, centroid method came under consideration as the best applicable tool for the company Eldora (EDC) who were leading manufacturers of bicycle in the U.S. The highlighting issue of EDC illustrates the information that the manufacturing plant units did not come under relocation to other locations such as in Asian countries as this market was becoming the leader in the manufacturing industry especially due to its cheap labor. Because of a domestic strategy allied to the production of the bicycles, all the business processes of EDC remained to one location only. As an outcome of this decision, they came a...
11 Pages(2750 words)Essay

Business Operations in Your Organization: Strategies for Achieving Competitive Advantage

...? Business Operations at Aramex: Strategies for Achieving Competitive Advantage BUSINESS OPERATIONS AT ARAMEX: STRATEGIES FOR ACHIEVING COMPETITIVE ADVANTAGE Company Overview Established in 1982, in addition to, providing one of the leading logistics and transportation solutions; Aramex evolved from an express operator to a globally recognized brand. Some of their achievements consist of becoming the first international and Arab-based company to trade their shares on NASDAQ (National Association of Securities Dealers Automated Quotation) stock exchange (Aramex International, 2013). After the experiences that were gained through trading, Aramex reverted to private ownership in 2002. With doing so, and after establishing global alliances...
8 Pages(2000 words)Assignment

Operations Management for Creating Competitive Advantage

...<Operations Management for Creating Competitive Advantage> and Section # of Name> EXECUTIVE SUMMARY This report deals with the operations management issues faced by and the ways they can be tackled in one of the very successful companies in Britain and worldwide, Tesco. There are many aspects of an operations management of a company, but Tesco faces issues regarding location, layout, supply chain and inventory, since it basically is a retail outlet. The strategic fit between the company's strategies as well as mission has been quite great, after a change of strategy when the Founder resigned from the company. Tesco analyses its each factor of operations management in a very strategic way. For instance, locations are first...
14 Pages(3500 words)Essay

Gaining and Sustaining Competitive Advantage

...: 1. Adam Smith, Wealth of Nations ( New York: Modern Library, 1965), p. 355. 2. B. De Wit and R. Meyer. Strategy, Process, Content, Context: An International Perspective (2nd edition), London: International Thomson Business Press, 930-947, 2004. 3. Barney, J. (1996) Gaining and Sustaining Competitive Advantage. Addison-Wesley. McGee, J. et al (2005) Strategy: Analysis and Practice, McGraw-Hill 4. Baumol, W. J. (1983). Toward operational models of entrepreneurship. In J. Ronen (Ed.), Entrepreneurship, pp. 29-48. Lexington, MA: Lexington Books. 5. Beckert, J. "What is Sociological about Economic Sociology Uncertainty and the Embeddedness of Economic Action." Theory and Society 25 (1996): 803-41. 6. Eden, C. and F. Ackerman. (1998...
13 Pages(3250 words)Case Study

Operations management for creating competitive advantage

...Operations Management for Creating Competitive Advantage> and Section # of EXECUTIVE SUMMARY This report deals with the operations management issues faced by and the ways they can be tackled in one of the very successful companies in Britain and worldwide, Tesco. There are many aspects of an operations management of a company, but Tesco faces issues regarding location, layout, supply chain and inventory, since it basically is a retail outlet. The strategic fit between the company’s strategies as well as mission has been quite great, after a change of strategy when the Founder resigned from the company. Tesco analyses its each factor of operations management in a very strategic way. For instance, locations are first selected keeping in mind...
11 Pages(2750 words)Essay

Operations Management for Competitive Advantage

The effective utilization of TQM can yield positive results which would not only improve the operations but would set higher operating standards.
The proposed alternative approach for Pizza Store would be the implementation of the Six Sigma Principle in relation to External Benchmarking. This strategy will initiate with DMAIC methodology where customer priorities and Defined which in Mario’s case would be the length of the queue, the customers in peak hours, waiting time, order processing time, and the overall service. These are the parameters which are regarded significant by the customers and should be targeted. The second step is to Measure the current processes to pinpoint the defects in the system and highlight th...
3 Pages(750 words)Assignment

Competitive Advantage

...Barnes & Noble is the industry leader in the book industry. The company generated $7.13 billion in sales in (Barnesandnobleinc, . The organization holds various competitive advantages over a small bookstore. As a public company whose stocks are traded in the New York Stock Exchange Barnes & Noble has greater access to capital than small bookstores. The firm has the ability to raise capital through the sale of stocks and bonds. The company also has a superior marketing and advertising budget which has enabled Barnes & Noble the ability to build brand value. Barnes & Noble has the greatest product variety in the industry in both books and e-books. Due to the size of the company the firm is in a better position to offer lower prices...
1 Pages(250 words)Assignment

Competitive Advantage Strategies

...Competitive Advantage Strategies Competitive Advantage Strategies Comments Gaining and maintaining leverage competition over other rivals can at times be a thorn in the flesh. It requires a well choreographed orchestrated strategy. These strategies seek to answer questions why customers should prefer a product or service from one firm to that of a rival or a competitor offering similar products or services. In the society today, business arena has become so dynamic. The climate of trends and advancement of technology have also played vital role in transforming business ecological niche. This compels companies to readjust according in order to conform to these changes (Pearce & Robinson, 2011). It is apparent that most companies have...
1 Pages(250 words)Essay

Gaining Competitive Advantage through Marketing Strategy

...Gaining Competitive Advantage of a Firm through Marketing Strategy Contents Competitive Advantage 2 Marketing Strategy and Competitive Advantage 6 Porter’s Strategies 7 Ohmae’s Framework 9 How Marketing Strategy Can Help Achieve Competitive Advantage 10 Competitive Advantage through the Marketing Mix 14 Facts and Specific Examples 15 Conclusion 18 References 20 Gaining Competitive Advantage of a Firm through Marketing Strategy The author intends to introduce in this paper to explain the selected topic ‘’Gaining competitive advantage of a firm through marketing strategy’’ and broaden the concept of the understanding in elaborative manner in order to evaluate marketing strategies which help in attaining competitive advantage...
18 Pages(4500 words)Coursework

Generic Strategies for Competitive Advantage

In 1985, Michael Porter came up with a set of strategies that he had termed as Generic Strategies. These strategies have, since then, been universally plausible to many enterprises across the globe. The Generic Strategies were proposed by Porter so as to help businesses boost their competitive advantage over the others. The competitive advantages are the unique best practices that single out a business in a competitive marketplace. The three Generic Strategies are Cost leadership, Differentiation, and Focus strategies. These three approaches can be applied to all forms of organizations that deal with either goods or services delivery (Porter, 1980, Pp87).
The Cost Leadership is one form of generic strategy that can be used by...
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Operations Strategies for Gaining Competitive Advantage for FREE!

Contact Us