Competitive Advantage and Globalization

Competitive Advantage and Globalization When a company is oriented to globalization strategies, it focuses on overcoming the national barriers in market and industry with references to coping with financial and cultural issues. Today, it is possible to speak about the company’s competitive advantage when the company can operate successfully globally and according to the trends associated with the globalization processes.Advertising We will write a custom report sample on Competitive Advantage and Globalization specifically for you for only $16.05 $11/page Learn More Fortune 500 firms develop their globalization strategies basing on the local success which once was achieved with the help of the effective use of the firm’s resources. That is why, it is possible to state that the resource-based competitive advantage is the necessary factor for promoting the Fortune 500 firms’ globalization strategies. Competitive advantage is the ability of the company to implement unique and eff ective strategies which provide the significant advantage over competitors within the industry (Barney, 1991; Barney, 2001). Basing on the modern globalization trends, it is necessary to note that competitive advantage should be supported with references to following the principles of sustainability. Moreover, the company’s capacities are assessed referring to the customers’ interests in the brand. As a result, the Fortune 500 firms create their competitive advantage with the help of the internal resources used. Barney distinguishes between the physical capital resources, human capital resources, and organizational capital resources (Barney, 1991). To succeed within the market, such companies as Google, Toyota Motor, Microsoft, and Wal-Mart focus on using the valuable and rare human capital and organizational capital resources as the main forces. Less attention is paid to physical capital resources because they are more imitable. The success of the company is in develo ping the unique strategy or approach in order to win the advantage (Barney, 1991). That is why, the Fortune 500 firms work out globalization strategies basing on the resources which are difficult to imitate or substitute. The strong and effective organizations as well as quality employees are perceived as the internal strengths of the Fortune 500 firms. Operational Barriers to Success To operate successfully within the highly competitive environment, companies should concentrate on improving their strategies in order to propose new opportunities, services, and products for their customers. As a result, successful companies should orient to the further movement and be progressive in comparison with their competitors (Gopalakrishnan, Kessler, Scillitoe, 2010).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Being at the path to their success, the company can become challenged by a lot of difficulties or barriers associated with the problems in the company’s advertising, production, communication with customers, organization, or culture. Moreover, the progress of the company is often based on using innovation in technologies and organization. Focusing on the barriers to adopt innovative practices and processes, it is possible to determine three preventive factors. Barriers to innovation can be discussed as factors which prevent the company to adopt and implement innovative practices which can significantly improve the production process or organization’s structure and strategies. From this perspective, the discussed barriers prevent the company from the further progress within the market where competitors can use innovation actively. Nevertheless, it is possible to examine barriers from the positive point because the implementation of innovation is often associated with significant risks, and the focus on barriers help the company develop the mo st adequate and appropriate variant of implementing the definite innovation in the process. Three barriers are the lack of budget, the improper planning and forecasting, and the individual factor. Thus, in spite of the fact that the company is oriented toward developing and creating the advantageous value, the implementation of innovation cannot be realized because of the lack of the necessary budget. The problem can depend on the inability of the senior management to distribute the financial resources appropriately in order to focus on the long-term goals and gaining more profits because of implementing innovation successfully (Russell Taylor, 2010). The change of priorities in distribution of the resources can contribute to overcoming the discussed barrier. The next barrier is the improper planning of the innovation implementation into the company’s processes. To guarantee the effective implementation of innovation, it is necessary to develop the detailed plan. Strategic m anagers can fail while developing the appropriate plan because they focus on the immediate positive results and benefits (Russell Taylor, 2010).Advertising We will write a custom report sample on Competitive Advantage and Globalization specifically for you for only $16.05 $11/page Learn More Furthermore, the implementation of innovation is associated with significant shifts and changes within the company. The fear of changes and impossibility to forecast the outcomes prevent companies from implementing innovations successfully. That is why, managers can overcome the barrier focusing on planning as the extremely significant stage in the implementation process. Furthermore, it is important to pay attention to the individual factor as the significant barrier to adopt the innovative practices. Employees as well as managers can reject changes without references to their necessity and advantages because of needs to change approaches, to train to use new technolo gies or schemes of work, or to work following new requirements and standards (Gopalakrishnan, Kessler, Scillitoe, 2010). To overcome the barrier, it is necessary to concentrate on the additional training for employees and on providing the information about clear benefits of implementing innovations which can change the traditional working processes. References Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. Barney, J. B. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643–650. Gopalakrishnan, S., Kessler, E. H., Scillitoe, J. L. (2010). Navigating the innovation landscape: Past research, present practice, and future trends. Organization Management Journal, 7(4), 262–277. Russell, R., Taylor, B. (2010). Operations management: Creating value along the supply chain. USA: Wiley.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More

Analysis Of Budget Airline Company Indigo Airlines Tourism Essay

Analysis Of Budget Airline Company Indigo Airlines Tourism Essay Indigo airlines are planning to introduce new promotional offers for the potential customers. The aim of the organisation is to increase the current market share by at least 30%.The goal of this marketing plan is to outline a new marketing strategy to attract the potential customers from other airlines, to attract the first time travellers as well. The demographic for the organisation consists people of all age groups with average income and middle class life style. In a recent survey it has been found that in India more than 20% people prefer air travel more than any other transport facility. Due to the sudden increase in the market for airline travel it can be said that it is easy to capitalise on the current image of the firm, however it could be a little difficult to gain competitive advantage in front of the competitors. Quality for the firm is the most important thing so quality can never be compromised with and that is the motto of the firm. 1. Introduction Organization and p roduct Indigo airline is a low cost airlines company operating from India since 2006. It has been very successful in the low cost airlines business from the time they have begun operations. They are one of the market leaders in the low cost airlines service providers and have a very good reputation in the Indian market. The reason for their good reputation is because of their punctuality and the service that they provide. Indigo airlines are currently catering to the needs of the domestic travellers in India and have been flying the sky since 2006. It has gained advantage in the market due to the punctuality and the prices that they offer to the customers. The need for new product offers arise from the increasing market which is growing at a rapid rate. The new offers for the airlines can not only attract potential customers but can also attract the loyal customers of other airlines as it would be very cost effective making it affordable. â€Å"The award-winning low-fare airline th at is redefining the airline business in India bagged the NDTV Profit Business Leadership Award 2009 in the category of Aviation†. (ndtv.com) Strategic Plan and Focus To achieve the firm’s strategic direction, the firm’s objectives, mission, aims, goals and competitive advantage have been created to offer an image and vanguard for the firm’s success. In accumulation, to determine the extent of the services and products that are offered by the organisation, and the primary environmental commitment towards nation and the aviation industry, are also important aspects of the company’s strategic direction and focus. Mission Statement Indigo airlines aims to become the number one leader in the low cost airline industry of India, offering the best service and ensuring highest standards of quality at low cost to the customer. Goals and Objectives Non- Financial Indigo airlines aim to attain the utmost rank of customer satisfaction in terms of the service an d products offered by the firm. The management ensures that the highest standards of quality are in place at every level to ensure 100% customer satisfaction.

Labor issue paper Essay Example | Topics and Well Written Essays - 6500 words

Labor issue paper - Essay Example Analysis of resemblance in cases where workers were reinstated and kept on the payroll, and features of cases where workers resigned, despite their intention to return, revealed that whether or not the workers were allowed an opportunity to argue about labor conditions with their employer in a group before their dismissal probably has a significant effect on the possibility of reinstatement. 1. Introduction Based on cross-country comparisons regarding which out of compensation and reinstatement is primarily granted as a remedy for unjust dismissal, it was revealed that remedies in Japan are reinstatement-centered. A ranking on a scale of one to four regarding the possibility of reinstatement in cases of unjust dismissal among 40 OECD and non-OECD countries shows that 9 countries, including Japan, are ranked first as countries where reinstatement is possible on almost every occasion. Some of the 9 countries also offer options for compensation depending upon types of dismissal and inte nt of workers2. However, in Japan, reinstatement is always possible regardless of types of dismissal and intent of workers and, therefore, it is safe to say that remedies in Japan are reinstatement-centered. In Japan, courts have decided that dismissal without rational reasons and social adequacy is not valid. Also, workers unjustly dismissed in Japan may claim compensation for damages. Further, it has been said that many workers do not choose the option to return to their former employer or quickly resign after reinstatement even if the court rejects the dismissal as invalid. This goes to show that reinstatement-centered remedies do not always entail high rate of actual reinstatement. How often does reinstatement take place and what are the decisive factors of reinstatement possibilities? Driven by these questions in mind, the author investigated how often reinstatement is realized and the effectiveness of reinstatement remedies in the past3. Though direct investigation of dismisse d workers was not possible in that investigative study, the author had a chance to hold interviews of dismissed workers later4. This study is aimed at describing decisive factors of possibilities of reinstatement5 that are implied by data acquired through the interviews survey. In Section 2, a brief overview of findings of Yamaguchi (2001) is provided and data used in this study are described. In Section 3, findings regarding the correlation between Japanese employment practices and reinstatement-centered remedies are reviewed. In Section 4 common factors among cases where returners keep working in their former organizations are considered. In Section 5, reasons workers did not return to their former positions despite their actions to the court for reinstatement are discussed. The last section is the conclusion. 2. Findings of Yamaguchi (2001) and Data Used in This Study For Yamaguchi (2001), the author could not directly contact the dismissed workers and, therefore, made questionna ire surveys and interviewed14 lawyers familiar with labor issues: 9 lawyers primarily working for workers and 5 lawyers primarily working for employers. This study defined the primary factors of possibilities of reinstatement as follows: (1) Employer factor: level of employer's acceptance of reinstatement; (2) Dismissed worker factor: (a) the fact that some workers seek to return to their job as a remedy but others do not, and (b) persistence

Incidnets In The Life of a Slave Girl by Harriet Jacobs Essay

Incidnets In The Life of a Slave Girl by Harriet Jacobs - Essay Example Due to the efforts of Jacobs’ autobiographer Yellin and the discovery of Jacobs’ letters with many abolitionists, the authenticity was established. Harriet Jacobs was not a proficient writer indeed. However, she had a story to tell and she worked at developing writing skills. In already 1858 she finished the manuscript of the book which was further proofread by L. Maria Child and published. The first sentence of the narrative makes us aware that the story is autobiographic. The personal story of the author served the basis of Incidents in the Life of a Slave Girl. The Jacobs’s autobiographer Yellin confirmed that events of the Incidents by Linda Brent coincided with the key events of Jacobs’ life - the suggestion earlier voiced by Amy Post. The facts of life of the main character and the author are identical and one can easily track them. The similarities of Linda’s early childhood in the Incidents and Harriet Jacobs’s childhood are the death of the mother which makes her aware of the slave status, then the death of the mistress who cared for her, her purchase by the mistress’ sister for five-year-old daughter, the death of the father, etc. Later when Linda Brent’s mistress was married to Dr. Flint (Dr. James Norcom in real life), Linda was haunted by him. She desperately tried to escape Dr. Flint and entered intimate relations with Samuel Tredwell Sawyer (Mr. Sands in the narrative) and bore two children for him - Joseph and Louisa Matilda (Ben and Ellen in the narrative). The other vivid biographic feature depicted in the story is 7 years ‘imprisonment’ of Linda in her grandmother’s attic to avoid abuse of Dr. Flint. Incidents in the Life of a Slave Girl is fundamental work which changed the traditional view about the slave narrative which had been primarily written by male authors. This shift allowed emphasizing issues of family, womanhood and sexuality in a different light. The standards of womanhood which

An Interpretation of Kant’s Metaphysical Deduction of the Categories Es

In what appears to be an important section of the Critique of Pure Reason, when Kant attempts to show the natural connection between the table of judgment and the table of categories, there is a cryptic little paragraph: The same function that gives unity to the different representations in a judgment also gives unity to the mere synthesis of different representations in an intuition, which, expressed generally, is called the pure concept of understanding. The same understanding, therefore, and indeed by means of the very same actions through which it brings the logical form of a judgment into concepts by means of the analytical unity, also brings a transcendental content into its representations by means of the synthetic unity of the manifold in intuition in general, on account of which they are called pure concepts of the understanding that pertain to objects a priori; this can never be accomplished by universal logic. A79, B105 This paragraph is purported to be the possible key to understanding the argument for the deduction of the categories, and is often referred to as the metaphysical deduction of the categories. Kant will attempt to use the forms of logical judgment to deduce the forms of cognitions in general. The passage contains two sentences, but is nearly unapproachable, even at the level of individual clauses. However, it contains an important step in the argument of the critique, one that not only allows Kant to move between the table of judgments and the table of categories, but also that indicates the transcendental role of the understanding; the way in which intellectual conditions operate to allow the possibility of experience, made manifest by an examination of logic. Points of Interpretation The ‘pu... ...lieve that the first sentence contains premises that imply a conclusion contained in the second sentence. Indeed they are premises about what is known about the understanding a priori, and lead to a conclusion that is not surprising, once the premises are properly understood. 3 I can see why someone might see the first sentence as containing the conclusion of the argument, but they could only be so motivated if they read 'the pure concept of understanding' as the categories in general, but they would seem to be committed to saying that the categories operate in general logic as the analytic unity, which, from my point of view, does not seem like the right reading. 4 The knowledge element of experience is given in judgment form, but I am not sure if Kant wants to admit non-knowledge elements into experience, passions, etc...

Critical period in language development Essay

The concept of a critical period is well in nature. In human beings there seems to be a critical for the first language acquisition. Research shows that any human who is not exposed to any language before puberty, becomes completely unable to the syntax of their first language later in life. From my personal experience I have learnt that any individual who learns their first language at infancy and later (at puberty) gets to move from their motherland to foreign land where no one speaks their language, no matter how long these individuals stay from home they can never forget their mother tongue. Accent may change but they will always remember their first language Here is another practical example to prove that there is a critical period in language development. I happen to be living in Africa; my bosses are Italians (man and wife) they have had to learn English and Kiswahili for easy communication with the locals. They have a five year old baby. When the baby is with her parents they always speak in their first language; when she is left behind with the nanny she is spoken to in Kiswahili all the time. The nanny knows no other language apart from her mother tongue and Kiswahili. This baby has been looked after by this same nanny since she was born. At the age of three a teacher from America was employed to teach this girl. She knew no other language but English. Now look at this closely; the baby is now very fluent in two languages; her first one Italian and her second one; Kiswahili. She is so fluent that she corrects her parents on it! She seems to be doing just fine in English for the last two years she has been taught. Interestingly her teach who is very interested in learning Kiswahili asks her enough times to translate to her in English what has been said in Kiswahili by colleagues. I would say that all depends with the stage at which the language was introduced to an individual. The stage in life. †¢ Kiswahili is a language for the East African state and some of the West African.

Analysis Of Self-Portrait In A Straw Hat - 788 Words

Step 1: Description On page 87 in Artforms is the painting Self-Portrait in a Straw Hat. This oil painting was produced by Marie Louise Elizabeth Vigee-LeBrun in the year 1782. The work of art depicts a young woman, presumably the artist, posing in front of a clouded blue sky. The figure is clothed in a rose colored dress with white ruffle along the neckline, a navy blue colored shawl which is wrapped around the crooks of her arms, and a straw hat adorned with bright red, blue, and white flowers. A large white feather with black trim is protruding from the hat. The lady in the portrait is facing forward and holding paint brushes and a palette topped with paints in her left hand. Her hair frames her face and fall on top of her†¦show more content†¦Through this painting, Marie Louise Elizabeth Vigee-LeBrun is sharing herself with the viewer. The message is easily understood. Three Dimensional Art Step 1: Description: On page 203 of Artforms is the site-specific work of art called Eavesdropping. This piece was created by Amalia Pica in the year 2011. It is composed of forty standard sized drinking glasses. Each glass is affixed to a white wall with glue, so that the rim of the glass is against the wall. The glasses are a variety in color, ranging from purples, to blues, to reds. Some of the glasses have no color and are simply clear. Most of them have no pattern, but there are a couple glasses that have a patterned design. Step 2: Eavesdropping spans over a 78† X 240† wall. The glasses are scattered is a way that fills the space without forming solid lines or a pattern. The cups a fewer on the sides than in the center, giving the piece the implied shape of an ellipse. Light hits the glasses and bounces off them and passes through them. The colors are mostly cool with a burst of bright red on the right of the piece. Step 3: At first, this work of art made me feel happy and slightly mischievous. Then I learned that Amalia Pica lived under a dictator in Argentina; this changed the way I saw the sculpture. I believe that the piece is meant to symbolize that there is always someone listening, even if you are unaware. This give me an eerie feelingShow MoreRelatedWhat Category Does The Art Fall Under? How Can You Tell?1103 Words   |  5 Pagesdoes not use many colors in this painting. The colors used suggest that the time of day is around the evening and the lighting is low. His eyes and his hat are warm colors and they stick out from the cool colors. The stark contrasts in this painting his eyes. His eyes are the brightest thing on the painting, so your eyes go directly to it. The hat is the second brightest thing and your eyes go up to there. After that, everything else is abou the same color and nothing else draws your attention. AreRead MoreLouise Elisabeth Vigee-Lebrun1740 Words   |  7 PagesVigà ©e-Lebrun (1745-1842) exhibited her work at the French Royal Academy Salon, her capacity for painting portraits was widely appreciated aside from one that shocked the French people, the Marie Antoinette â€Å"en gaulle†. In the Marie Antoinette â€Å"en gaulle†, the young woman’s hair is adorned with an extravagant wide plumed hat and her fingers are delicately constructed around a rose bouquet. Vigà ©e-Lebrun’s portrait depicts Marie Antoinette in a loose muslin dress that the public assumed she wore to bed at nightRead MoreMiss Brill5112 Words   |  21 PagesReview of European Studies December, 2009 A Stylistic Analysis of â€Å"Miss Brill† by Katherine Mansfield Shenli Song College of Foreign Languages, Zhejiang Gongshang University Office of Foreign Language College at Zhejiang Gongshang University Xia Sha City-University-Town, Hangzhou 310018, Zhejiang, China E-mail: windyforever@gmail.com Abstract Katherine Mansfield, remembered as one of the finest writers of English short stories, enjoys enduring fame and a somewhat awesome literary status withRead MoreDeveloping Management Skills404131 Words   |  1617 Pages40071 173—dc22 I. Cameron, 2009040522 10 9 8 7 6 5 4 3 2 ISBN 10: 0-13-612100-4 ISBN 13: 978-0-13-612100-8 B R I E F TA B L E O F C O N T E N T S Preface xvii Introduction 1 PART I 1 2 3 PERSONAL SKILLS 44 Developing Self-Awareness 45 Managing Personal Stress 105 Solving Problems Analytically and Creatively 167 PART II 4 5 6 7 INTERPERSONAL SKILLS 232 233 Building Relationships by Communicating Supportively Gaining Power and Influence 279 Motivating OthersRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesWork–Life Conflicts 21 †¢ Creating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational Behavior? 4 Myth or Science? â€Å"Most Acts of Workplace Bullying Are Men Attacking Women† 12 An Ethical Choice Can You Learn from Failure? 24 glOBalization! Does National Culture Affect OrganizationalRead MoreOrganisational Theory230255 Words   |  922 Pagestheory focuses attention on the human issues in organization ‘There is nothing so practical as a good theory’ How Roethlisberger developed a ‘practical’ organization theory Column 1: The core contributing social sciences Column 2: The techniques for analysis Column 3: The neo-modernist perspective Column 4: Contributions to business and management Four combinations of science, scientific technique and the neo-modernist approach reach different parts of the organization Level 1: Developing the organizationRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagessupport power of information technolog y The faster-paced, less bureaucratic results provided in both Intranet and Internet forms for self-organizational individual actions within a company’s infrastructure The fact that connecting the company with the Web’s e-frastructure can be so strong a power for both e-commerce and e-business—for example, by creating buyer â€Å"self-service† for both sales growth, by increasing customer satisfaction in consumer as well as industrial markets, and by developing supplyRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pageslamentable. Taken together, the key themes and processes that have been selected as the focus for each of the eight essays provide a way to conceptualize the twentieth century as a coherent unit for teaching, as well as for written narrative and analysis. Though they do not exhaust the crucial strands of historical development that tie the century together—one could add, for example, nationalism and decolonization—they cover in depth the defining phenomena of that epoch, which, as the essays demonstrate