Monday, April 22, 2019
Business Strategy Essay Example | Topics and Well Written Essays - 3500 words - 6
Business Strategy - Essay Examplethither could be positive or negative effect on stakeholders of any changes in strategy e.g. employee layoffs result have negative effect on employees. On the other hand an increase in revenue enhancement and profits of an organization will have positive effects on stakeholders.According to Mitchell (2009), it is oftentimes cooperative to seek to model the organization in order to analyze the specific activities through which an organization kindle create a competitive advantage. Michael Porter sought to define such activities known by the wield the value chain and described it as followsOutbound logistics refer to whatever activities might be essential to ensure that the finished products reach the consumer. This merchantman include but is not limited to storage, order fulfilment, and a litany of other positionors.Marketing & Sales may be defined as those activities which are associated with encouraging buyers to leverage the product/service w hich is being offered. It includes advertising, pricing, branding etc.Within such a dynamic, the reader can and should engage with a simple SWOT analysis of the firm in question Electrolux. As such, a brief discussion and analysis of strengths, weaknesses, opportunities, and threats will be presented.The firm displays more than a few strengths the prime(prenominal) of which is necessarily the fact that it has a long and storied past of offering consumer products to key markets since 1918. Moreover, the firm enjoys a very good reputation with consumers as presenting an extraordinarily high quality and offering expert customer support and service post sale. Additionally, key acquisitions and mergers have worked together to make the firm into a merry one that encompasses the strengths of other companies such as ElektroHelios, Finnish Slev, Flymo, Danish Atlas, and Norwegian Elektrag (Lorenz, 1989).One of the greatest weaknesses is the fact that the firm is a
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