Sunday, April 21, 2019
How Activities A Company Chooses To Carry Out Within The Value Chain Case Study
How Activities A Company Chooses To Carry Out Within The Value Chain Can assistance Companies Achieve Competitive Advantage - Case Study ExampleThis paper illustrates that Dahl posits to the effect that many a(prenominal) decisions made by the company are meant to give it agonistical improvement so that it washstand locomote viably. This notion is supported by Arline who states that Value chain analysis relies on the basic economic tenet of good companies are best served by operating in sectors where they have a relative racy advantage compared to their competitors. In this case, a company chooses to pursue activities that will give it a competitive advantage through taking into consideration aspects such as product design, marketing, and distribution, all which fall under the domain of value chain analysis. Indeed, the company should set precedence in determining the strategies that can be enforced in order for it to create and sustain a value chain that in turn can also sustain its operations in the long run. For instance, Whole Foods market has managed to achieve competitive advantage through leveraging on its value chain specifically designed to offer organic nutriment products to the customers. As people become conscious about their health, this strategy has helped the company to gain a competitive advantage as the customers switch to organic foods. The strength of the company lies in its capability to differentiate the products it offers to the customers. at that place are other competitors emerging in the organic foods sector but according to Whole Foods Markets official website, the company has managed to gain a significant market share by merit of maintaining a unique value chain that is characterized by quality organic products. Its products also have tribute prices that are specifically meant to denote quality.
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