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.
Nobody downloaded yet

Benchmark - Research Paper Example

Comments (0) Cite this document
Benchmark Name: Course: Presented to: Date: Benchmark Benchmarking involves setting standards that offer leadership to other companies in the global market. The benchmark company is Teknion. Teknion is a leading international designer, marketer and manufacturer of mid and high end office systems, and other related furniture products…
Download full paperFile format: .doc, available for editing
Polish This Essay91.8% of users find it useful
Read TextPreview

Extract of sample

Download file to see previous pages The company began in the early 80s with only a single line specializing in office systems. Currently, the company has tremendously grown to offer a wide variety of different decking systems and freestanding systems and panel based altos and optos architectural demountable wall products (Teknion, 2011). The company through this strategic expansion managed to improve its marketing segment drastically and expanding its production lines to meet demands of the new markets in furniture products. For example, the company has handled numerous projects in different countries. These include the Barnes Jewish Hospital, Agilent technologies in Israel among other numerous global projects that the company has successfully implemented. This global expansion helped the company in expanding its production lines, improving its design work to meet the current customer demand in a highly competitive market, and coming up with designs and technologies that are in accordance with the advocacy of the day. An example is the embracing of green technologies that are environmentally friendly. As the company expanded to international markets, there were more demands in different markets to have products in accordance with certain environmental specifications, motivating the company to initiate massive design and innovative works to correspond to such market demands. Therefore, from producing a single line of furniture for the domestic market, international expansion helped Teknion in providing much advanced office furniture and other high end furniture to clients in different market segments. Teknion’s expansion to international market did not comprise its domestic market share, but instead the domestic market became much stronger as new international designs previously not made for the domestic market were available to the domestic customers, offering them a large variety of designs with international tastes. The company was in fact named among the top 50 best managed Private Companies, with its presence not only growing domestically, but also regionally (Anonymous, 2010). International expansion led to an enhanced image of the company and its products; the company was more involved in international tendering processes, such as in interior and exterior design of the Bow, a 58 story tower near the Bow River in Calgary (Anonymous, 2010). It is such manifested prowess in interior design and furnishes that has enabled the company to control not only the domestic, but also the regional market; meaning its international expansion was a real benefit to the company. Teknion is faced with several risks in its international market operations. Sargent (2011) explains some of these risks as increase competition. The company is faced with stiff competition from much larger multinationals especially from U.S, North America, and other regions. The stiff competition requires strategic operations in realigning with the market demands to offer much superior and competitive products at a price that will offer much more value addition to customers. The company through design and innovations in office furniture work has been able to compete effectively and capture its sizeable market segment in the international market. In order to ensure a competitive edge in the market, the company has collaborated with renowned construction industry leaders such as Mathews Southwest developments, Ledcor Group of Companies, Gensler among others, making the company’ ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Benchmark Research Paper Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved de https://studentshare.org/management/1462943-benchmark
(Benchmark Research Paper Example | Topics and Well Written Essays - 750 Words)
“Benchmark Research Paper Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1462943-benchmark.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Sony Corp. Final Report
However, the free cash flow was positive and exceeded ?300 billion excluding the Financial Services segment (Annual Report, 2010) indicates no symptoms of cash tied up or liquidity issue. The business restructuring introduced in 2008 has further improved the working capital management efficiency and control of capital expenditures generating a hefty cash flow.
7 Pages(1750 words)Research Paper
Benchmark state-of-the-art organizational process improvements
As the newly hired human resource manager of the tech division I will outline a few methods, plan and recommendations that should be implemented within the division to enable it meet its goals and vision including adhering to the stipulated quality, environmental, safety and production standards.
7 Pages(1750 words)Research Paper
The forecasts on inflation and output growth
When general prices of goods and services in a country rise, the value of money drops. This in return leads to inflation. Inflation then in the long run leads to the decrease of purchasing power of a currency. The occurrence of inflation has led to many central banks around the world to operate on a monetary policy regime of inflation targeting.
4 Pages(1000 words)Research Paper
Benchmark risk management in Australia, UK and USA
In this regard, the police departments of United Kingdom, United States of America and Australia have been taken into consideration. The research considers various strategies and actions devised by the selected police departments to counter any threat related to physical assets.
7 Pages(1750 words)Research Paper
Airport Master Plans
As a result of the implementation of the aforementioned master plan, the runway congestion anticipated to reach 300,000 between 2015-2022 will be controlled in a manner that it does not exceed this benchmark. Similarly, the
1 Pages(250 words)Research Paper
See instructions
Licensing of proprietary technology involves giving away, for a fee, a process, tool, system or similar tools known to be the property of a company, and that provides benefits or advantages to the
1 Pages(250 words)Research Paper
MIS - Global Projects
Furthermore, the research paper will identify important business and management considerations that will be used to evaluate the best solutions for Dual-Tech’s future global projects. Oracle Corporation is an America multinational
3 Pages(750 words)Research Paper
This process would involve strategizing on the most appropriate volume and revenue to be generated for the firm to be profitable if not break even. The targeted profit is set at $200,000 Using marginal costing differentiates the various elements of the costs
1 Pages(250 words)Research Paper
Healthcare Milestones and Benchmarks
With regard to major milestones and benchmark events related to the healthcare industry of the United States (U.S.), it can be asserted that The
4 Pages(1000 words)Research Paper
Benchmark Assessment
over one full school year and has never expressed concern about the difficulty she is going through in supervision of her students (Crump & Teeguarden, 2009). She has done a fairly good job though, up to this point and a review of her evaluation for the past one year indicates
5 Pages(1250 words)Essay
Let us find you another Research Paper on topic Benchmark for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us