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Competitive Advantages Paper

416 words - 2 pages

Competitive Advantages Paper

Competitive Advantages Paper

* Estimate which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market.

Riordan Manufacturing Inc. can improve innovation and sustainability for the business operations in both the United States of America and global market through executing strategic capacity planning for products and services. This strategy improves efficiency, enhances development in the direction of the supply chain, as well as implements processes and theories of a lean manufacture. This will also help to increase value over time while sustaining their competitive advantages. Strategic capacity ...view middle of the document...

These strategies play a big part and take place to make sure that the product is produced with perfection and maintaining the most important standards of necessary details, and promising quality control to withhold their success. Longevity goals will be met and exceed when every organizations business state of affairs uses more than one strategy. Organizational performance and sustainability are a result of strategies properly being used. In this process of competition, in order for the victors to succeed, they must put in much effort and be determined to sustain their consumer by maximizing their customer value. Therefore, this process single-handedly constructs lasting sustainability within the organization. Organizations generate consumer fidelity by accumulating customer value in determinations to better the competition. Frequent enhancements of this certain method will sustain longstanding performance for the organization, and effective quality.

References

Eccles, R. G., & Serafeim, G. (2013). The performance frontier. Harvard Business Review, 91(5), 50-60. (http://web.b.ebscohost.com.contentproxy.phoenix.edu/ehost/viewarticle?data=dGJyMPPp44rp2%2fdV0%2bnjisfk5Ie46%2b6A7dvsgfak63nn5Kx95uXxjL6rrUm0pbBIr6ueT7iot1Kwr55Zy5zyit%2fk8Xnh6ueH7N%2fiVautsUq2qbNOt5zqeezdu33snOJ6u9jygKTq33%2b7t8w%2b3%2bS7ULWPerfomrmsVG2rK8%2b5OXwhd%2fqu37z4uqM4%2b7y&hid=124)

Markgraf, B. (2015). Strategic Capacity Planning for Products & Services. Retrieved from http://smallbusiness.chron.com/strategic-capacity-planning-products-services-73064.html

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