Business Level Strategy For A Competitive Advantage Essay

Business level strategy A business level strategy involves searching for a competitive advantage. It also involves doing research on how it positions in the marketplace to gain competitive advantage and various positioning strategies used in the industry setting. Essentially, this approach involves the individuals the company decides to serve in line with their needs and desires. The business level strategy also entails how the company decides to satisfy the needs of the customers. According to Porter Michael, two competitive dimensions are the important keys to the business level strategy. The first dimension is the primary source of a company’s competitive advantage. The aspect involves whether a company is trying to gain an edge on the rivals by keeping the prices down or offering a unique item in the market. The dimension is the scope of the firm’s operations. This aspect entails whether the company tries to target the general customer or it aims at attracting only a segment of the consumers. There are various business level strategies, which emerge from the decisions including differentiation, value innovation, and cost leadership. It is in rare cases that a firm offers to lower the cost of its goods and services and maintain the quality as desired by the customers. It is evident that the companies practicing this strategy are following best price strategy. The competitive strategy of Nordstrom is differentiation through product, continuous improvement, superiorShow MoreRelatedAnalysis Of Michael Porter s Value Chain Essay1740 Words   |  7 Pagesan d four support activities that help the business to gain its competitive advantage. 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Define Business Level Strategy integrated and coordinated set of commitments and actions the firm uses to aim a competitive advantage by exploiting core competencies in specific product markets. indicates the choiced the firm has made about how it intends to compete in individual product markets is the core strategy - the strategy that the firm forms to describe how it intends to compete in the product market customers are the foundation of successful business level strategies and should neverRead MoreInternal Environmental Scan/950 Words   |  4 Pagesthe capstone strategic audit: Identified the organization for your report Interviewed key mid-level and senior level managers Created a market position analysis Conducted an external environmental scan in preparation of your final report and presentation Prepared a preliminary strategic audit In this module you will conduct a comprehensive assessment of the internal environment at your business unit or organization you are working with for this project, also known as an organizational assessmentRead MoreMgc1 Study Guide 21064 Words   |  5 Pagesbegins with a situation analysis of the external and internal forces affecting the organization.  Ã‚  This examination helps identify and diagnose issues and problems and may bring to the surface alternative goals and plans for the firm.  Ã‚  Next, the advantages and disadvantages of these goals and plans should be evaluated against one another.  Ã‚  Once a set of goals and a plan have been selected, implementation involves communicating the plan to employees, allocating resources, and making certain that otherRead MoreThe Case Of Federal Express Essay1483 Words   |  6 PagesExamining the Case of Federal Express One of the major segments of the wider postal and cargo industries is the small package express delivery sector or industry, which is an increasingly complex and competitive sector. The complexity and competitiveness of this industry requires the use of combating and strategic approach to enhance the profitability of the small package express delivery industry. The contemporary express delivery industry in America originated from Fred Smith’s vision for theRead MoreStrategic Management : Strategic Leadership1516 Words   |  7 Pagesdecisions on behalf of the firm (Ireland et al, 2005). A clear distinguishment needs to take made. Strategy is sets of actions that are needed to be performed in order for change to occur that will lead to competitive advantage. Implementation is the transformation of the strategy into practice. Finally strategic leadership is the individual(s) that will take the lead and spearhead the strategies and supervise it’s implementation until delivered. Most of the time the strategic leader of the firmRead MoreOperational Strategies That Management May Use to Respond to Influences on Operations 1168 Words   |  5 Pagesoperations process is one of the key business functions and is a crucial component to business success. Like every business, Qantas is affected by many internal and external influences requiring it to have effective strategies to respond to these influences. Businesses that are able to adopt and utilise effective operational strategies are able to quickly adapt and either reduce or take advantage of these influences that impact the business. 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Summary Of The Wild Brittney - 875 Words

So There’s This Group People these days have so many differences in their pasts, present and what they have planned for the future. These people can be so different, but yet be such amazing friends regardless of the differences. This group of college students, all having very much different lives, were grouped together. The wild Brittney, the talented Andrew, and the friendly guy Ethan are the kids that make up this group. Brittney is a very wild and natural woman. She enjoys to hunt and fish in her free time. Deer and duck hunting is what she enjoys most, but on a good occasion she enjoys raccoon hunting. When it comes to fishing though, her favorite thing to fish for is catfish, and when she catches one she can’t wait to take it home. â€Å"There’s nothin’ I love more than fried catfish,† she exclaims. On a day she is bored of catfishing though she will go fly fishing just so she can get bored of that, and go right back to catfishing. In her life she has accomplished a lot, but one of the things she is very proud of is making all-state track field in discus and shotput. Both very hard sports to make it to all-state with, but she pulled it off at Lake Hamilton High School! Another thing she is proud of herself for is getting out of high school with a diploma. Brittney also was very intelligent student. She took both chemistry and biology in high school, so that when she got to college she wouldn’t be completely lost when taking those classes again. It’s useful especially for

Australian Corporations & Securities Legislation Free-Samples

Questions: 1.Discuss the legal issues arising from the article. Refer to relevant statute and/or case law in your answer. 2.Advise Tina and Aristotle whether William has breached the common law, the ASIC Act or the Corporations Act. Answers: 1.The sage Institute is a vocational training and education service provider. The group on consisted of eight entities. The primary services of the group included: Certificate accredited based on classroom and workplace I am diploma; Virtual learning and flexible online learning; Work placement and experience based industrial training; Providing employment to students after completing the qualification; The Nexus and ACI where's the largest business in the group. The other organizations were the supporting entities for ACI and nexus. These organizations helped the two companies by providing funding, employment, property, telecommunications, plant, and equipment leases. On analyzing the position of the company, it was found that the operation of the group was mainly funded by the ACI. It can be seen that ACI has accounted for 65% of the revenue during the financial year 2016[1]. On analyzing the operation of the company, it was found that the group relied on the receipt of VET Free Help advance from the Commonwealth so that ACI could remain solvent. It was seen that the VET installment that was due to be received in March but was delayed. This has caused a detoriation of the cash position of the group. The assets of the group mainly included intercompany and student debt. The net asset position and working capital of the company were highly reliant on the collectability of the debtor s. It can be said that group has been estimated remained insolvent since December 2016. The article highlighted that private college had shortage of fund however it spend one third of its taxpayers budget in advertising. The decision of the college to close down has left the student with shock. It was seen that the college has earned over $32 million in two years. The earning was made through VET Fees HELP scheme for loan while graduating the 45% of the student. In the case in administrative appeal, Tribunal the hearing was held against the companys decision to spend $6 million in advertising the innovative diploma officers using course for one year. The course have to be shut down as a deal with the national basketball League failed. Mr. Wills was used as the face for the partnership between the stage and Melbourne United basketball club. It was denied by says that any amount was paid to the Melbourne United[2]. However, Mr. Wills after getting the media report of the college also claimed to be victim of the institute. Mr. Wills argued that he had no financial interest and was not engaged in the running of the business. It was argued by the college that it has not received any federal government support since the late 2016 therefore had to face cash dry. The administrator of a college said that the decision of selling the college to another group was not going forward. The company did not received any bid proposal that allowed the group to continue the courses across the Australia. The administrator advised that the group has ceased is operation in Brisbane and Sydney. The student was told that they would be liable for paying the portion of course fees that has been completed. This payment has to be made by the student irrespective of the fact that the college has been closed. This has caused eyelash out against the operators because they promoted the course a something that does not exist in our college. The student was misled by the wrong marketing campaign of the college. The college marketed itself to be the best and biggest in the industry b ut does not have enough resources to run their operation. The training facility offered by the college had old equipments in office floor. The interactive classes has been suspended in Victoria and has been running in Sydney alone. The cooperation with Australian skills quality authority and the Australian Council for Private Health education and training is sought so that students can be enrolled in different courses. That means the students will be transferred to another provider for completing the course. This has been a bad time for the student so it is important that necessary legal actions are taken for addressing the grievances. As per the general view of the law, it can be said that the institute has violated many laws and the principle of natural justice[3]. The institute has committed fraud or breach of Trust by making wilful wrong advertising. The advertisement stated that Institute provides training that other institutes cannot provide. However, the institute did not ful fill this commitment, as they did not provide any modern facility a training program that was not provided by others. The institute failed to operate as a result of cash crunch. This means there was a failure on the part of the institute. However, institute demanded from the student the remaining fees of the part of the course that has already been provided. The demand of the fees by the institute is illegal as it was violated the contract of providing the complete certificate after the course[4]. Therefore, as per the Contract Act, the student should demand the institute did not honor compensation from the college as the contract between the student and the organization. 2.Issue The Tina and Aristotle Papadopoulos migrated to Australia from Greece. They sold the family fruits shop at a profit of $750000. They decided to invest this money and looked for help from a financial advisor. On advice of the advisor they invested in shares of a company with the aim of receiving double of investment within 18 months. The investment was made in big dreams Limited and it was performing poorly from the financial perspective. Therefore, it can be said that there was no bases for offering double return within 18 months. It was further offered by the financial advisor to take up insurance but they were not interested taking a new insurance. The financial advisor was mainly interested to sign new clients for receiving coffee gift cards. William prepared all the necessary paperwork for life insurance policy and provided no opportunity to the client for reading the document. It turned out that cost of insurance was high and the shares of value has fallen. In this case, the iss ue is to determine the nature of contract and determine liability of willful misrepresentation. Rules The rules that have been applied for determining the issues are given below: Bisset v Wilkinson [1927] AC 177 Solle v Butcher [1950] 1 KB 671 Google Inc v ACCC Application In the case of Basset v Wilkinson [1927], it was found that the plaintiff purchased two blocks of land. for the farming of sheep. At the time of negotiation, the defendant told that if the place is maintained properly then 200 sheep could be kept in the vicinity. The property was purchased by plaintiff on the believe that it can hold 200 sheeps. However, both the parties are well aware that the defendant has not carried out sheep farming on the land. The law provides that if the owner of the property makes any statement then it is a matter of fact. However, in this case the statements were expression of opinion and not a matter of fact[5]. In the case of Google Inc v ACCC the decision of the court is provided relating to the deceptive and misleading conduct. In this case, it was held that the Google was not misleading. Based on the above case laws, it can be said that the information provided by the advisor is a matter of fact and opinion. Therefore it can be said that the advice pro vided by financial advisor should be in accordance with law. In this case, wilful misrepresentation by the financial advisor was very high show the financial advisor will be liable to pay damages. Conclusion Based on the above discussion it can be concluded that the financial advisor should be liable for all the damages faced by the old couple. References Australian corporations securities legislation. in , 1st ed., North Ryde [N.S.W.], CCH Australia, 2016. Duns, J, A Duke, B Sweeney,Comparative competition law. in , 1st ed., Cheltenham, Edward Elgar Pub. Ltd., 2015. Newcastle City Centre Renewal Transport Management and Accessibility Plan. in , 1st ed., Sydney, N.S.W., AECOM Australia, 2010. The Victorian rider handbook 2016. in , 1st ed., [Kew, Vic.], Roads Corp., Victoria, 2016. Then, now, tomorrow. in , 1st ed., [Southbank, Vic.?], Mobil Oil Australia, 2015. Based on the above discussion it can be concluded that the financial advisor should be liable for all the damages faced by the old couple. J Duns, A Duke B Sweeney,Comparative competition law, in , 1st ed., Cheltenham, Edward Elgar Pub. Ltd., 2015. Newcastle City Centre Renewal Transport Management and Accessibility Plan, in , 1st ed., Sydney, N.S.W., AECOM Australia, 2010. The Victorian rider handbook 2016, in , 1st ed., [Kew, Vic.], Roads Corp., Victoria, 2016. Then, now, tomorrow, in , 1st ed., [Southbank, Vic.?], Mobil Oil Australia, 2015.