Competitive Advantages Paper Research Example | Topics and Well Written Essays - 250 words

Competitive Advantages - Research Paper Example Therefore, Riordan will have to produce highly standardized products so that it can compete with other producers of plastic products. It will have to adopt a global or a multi-domestic outlook, where it will either compete globally or compete at different national markets in a manner differentiated from that at other national markets. In the case of Riordan, it will have to adopt a global strategy at the target global markets, and a multi-local strategy at markets that are principally multi-domestic. The market drivers of its strategy will include customer needs uniformity, developing global networks of distribution, and ensuring that its marketing is transferable. The cost drivers to guide Riordan include those of transport, economies of scale, economies of scope, and product development. The government drivers to guide the business strategy include segmenting markets on the basis of the favorability of trade policies, the compatibility of technical standards, universal marketing control, as well as privatization. The global business strategy will be focused around increasing sales levels to existing customers, expanding sales to emerging markets and new customer groups, and the development of value-added services, which can compete globally. The company can maintain its cost-plus pricing strategy while at the same time increase segmentation on the basis of customer regions and locations. Riordan is a plastic manufacturer operating at different countries around the globe. The global market will affect the business strategy of Riordan in a number of ways. These ways include expanding economies of scale and scope, adopting a global and a multi-domestic market outlook, developing global distribution networks, and cultivating strategy drivers like product

Criminal Justice Organizations- Assignment 2 Essay

Criminal Justice Organizations- Assignment 2 - Essay Example I worked for a few months in the year 2011, before the store closed in 2012. All the sales representatives reported to the sales manager. He is one of the best examples I have on leaders with some of the most effective skills. He would encourage all sales staff members to meet their set goals and related to most of us on a personal level. He would join us on strategy planning meetings and accept decisions that we reached based on consensus. Behavioral models are a set of theories on leadership used to explain leadership in terms of conduct of an administrator and his subordinates. It is an approach that lays emphasis on how a leader gets their subordinates to achieve goals and tasks in an organization (Stojkovic, Kalinich & Klofas, 2014). This approach also studies how employees in an organization are also able to attain personal goals while also accomplishing tasks allocated to them by their leaders. The behavioral approach is thus an approach based on initiation of structures and subordinates welfare considerations. Leaders who are keen on these two concepts are effective leaders (Stojkovic, Kalinich & Klofas, 2014). The behavioral approach originated from the Ohio and Michigan research studies on effective leadership. The Ohio research studies concluded that there is effective leadership in an organization if the organization’s leaders put structures in place and they also have high consideration of employees. The Michigan research studies divided supervisory behavior into production oriented and employee oriented approaches. The sales manager at Best Buy was very concerned with the welfare of all employees under his department. He was also not dictator when it came to making decisions. His effective leadership skills were also reflected in the productivity levels of sales representatives. In my opinion the leadership style employed by the sales manager was effective for the sales department. The leadership style used by the sales