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Friday, November 22, 2013

Comparative Advantage Paper

Competitive Advantage MGT/498 August 20, 2012 Competitive Advantage Riordan Manufacturing is a global plastics manufacturing transaction employing 550 people with projected annual wampum of $46 billion and is a wholly owned, Fortune grand piano company found in San Jose, California (Apollo Group, Inc., 2012). The company, founded by Dr. Riordan, original taper was obtaining patents for vary plastic products only in 1992 the focus changed direction later purchasing a fan manufacturing fructify in geographical mile. The make-ups dodging changed pace once more in 2000 when they relocate the fan manufacturing to China and reorganized the Michigan plant for springer plastic manufacturing. The Riordan organization is a draw in its industry, but needs to develop private- green light(a) strategies that improve origination and sustainability of line of business operations to continue to be a leader. One strategy that can assist Riordan in acco mplishing this closing is implementing a usable differentiation strategy based on the unique and forward-looking designs of its products. Developing and implementing cross-functional process control and enterprise collaboration cultivation systems can also accomplish this goal.
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Currently, distributively of the companys four plants uses different technologies that do not interface comfortably with each other. Effective use of education technology willing allow standardization of processes, increased automation, and collaboration. talk is essential to the business world, and would allow Riordan to communicate quickly and in effect with its m! ultiple locations. A functional differentiation strategy is a good option because differentiation can provide much(prenominal) benefits as target loyalty and create a kinship with customers through strategic actions that meet and exceed their needs and demands. Riordan and Starbucks reserve two competitive advantages in common and this has helped both companies to be successful and precise competitive within the industry that they...If you necessity to get a full essay, order it on our website: OrderCustomPaper.com

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