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Reflective Statement - Essay Example

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As the paper declares critical expressions like supply chain management, management accounting, competitive strategy, market rivalry, market entry strategies and performance analysis among others now started to make sense with practical analysis of the case study…
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Download file to see previous pages According to the study the market expansion strategy though initially appeared like need to flex its financial muscle against its rivals but after examination revealed critically and affirmed my learning experience that these strategies are well-calculated strategic management initiatives aimed at enhancing the company’s growth and development to expand beyond the overcrowded domestic domains. My knowledge of the companies’ competitive advantage in terms of price discounting and efficient supply chain management assisted me gain a deeper understanding of the mechanisms of such terms that had previously only seemed theoretical and impractical.
The assignment therefore greatly enhanced my prior knowledge of diverse economic terms and models, thus ensuring there being more deeply entrenched in my mind. The assignment has therefore made me better comprehend the classroom learning to a more practical level. the research made me come to term with the real meaning of strategic management in regards to marketing strategies as well as being able to adequately read financial data to ascertain a company’s performance indexes both in the short term (quarterly or annually) and long term (five years). The study was therefore a veritable learning curve for me. The study has mostly enhanced my problem solving skills including sharpening my analytical skills as previously formidable financial terms like strategic management, turnkey ventures, franchising, comparative industrial analysis and performance indicators as well as other diverse ...Download file to see next pagesRead More
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