Based on a firms Operation Strategies, it is possible to improve on all five competitive Priorities. However, to achieve favorable position on all five Major Competitive Priorities is not easy, as a firm has to trade one for some other, to achieve favourable position in another. In other words, a firms Operation Strategies often guide the firm towards a tradeoff between the five Competitive Strategies.
For example, Apple Inc is known for its superiority in impairment of Delivery, Quality and Innovation. However, it lags behind in terms of Price and Flexibility in all its products. Taking another example ::
Company Dell Inc.
Competitive Priorities
Competitive precedenceApplications
Low Production Costs
Tailored Manufacturing
Reduced its outturn costs by bare down on the bout of vendors, thus warranting excellent bargains
Pioneered the Just in time drudgery process.
Delivery PerformanceOn time delivery development online Purchasing system. Fol first bases Make-to- frame process, hence carries very low inventory.
Customer returns and FlexibilityImproved on both by providing online customization of products, and cutting down on the wait time for the customers.
Qualitythough it has been improving on the quality of its products in recent times, it equable lags behind when compared to Sony or Apple.
InnovationScores very low on Innovation as its products are standardized across the table.
To summarize, Dell as a firm scores laid-back on 3 of the competitive strategies and is being competitive in the other two, it has not been able to perfect all five strategies, which is in line with its Operational Strategies
2.Choose one acquainted(predicate) example each of business organizations in the following business.
Restaurant
camber
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