Exploiting Competitive Advantages Using Business Strategy Essay

Exploiting Competitive Advantages Using Business Strategy - Essay Example â€Å"Companies with significant market share create a problem for competitors because these competitors will have to rely on "stealing" market share away from the competition; they can't just create a business out of thin air† (Teenanalyst, 2009). A strategy that the company uses to capitalize on its low-cost strategy is aggressively targeting customers through smart marketing campaigns. The use of marketing has helped the company get the word out about the good prices the company offers. On many occasions, the company offers outstanding value through special sales of products. The best evidence that the strategies used by the managerial staff of the organization are effective is the fact that Wal-Mart is the industry leader in the retail industry. The profitability of the company is further evidence of the dominance of the company. The net margin which is a financial metric that illustrates the absolute profitability of an organization is 4% (Walmartstores, 2012). A few year s ago I worked at a company that utilized the niche generic strategy to market its products. â€Å"A business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers† (Ward, 2012). ... Most people in this hobby lose several planes each year to crashes. The best proof that the niche strategy used by the company was effective was that during the beta test trials the product received outstanding reviews from the clients. Despite the fact that the company had a good niche strategy and an excellent product WRM failed as a business venture due to the fact that the ownership team did not have sufficient operating capital to move into the commercialization stage of the product. A company that is currently using the generic strategy of differentiation is the automobile maker BMW. BMW sells cars that are different than most cars in the marketplace due to the super quality, performance, suspension, design, and luxury. The differentiation strategy has helped this company build a great reputation and brand value Evidence that the strategy the company uses is effective is the fact that BMW charges a premium price for its products.  

Pubic health priority in uk Essay Example | Topics and Well Written Essays - 750 words

Pubic health priority in uk - Essay Example It has been also identified that the person smokes for more than one year for around 11 to 15 times. He is aware of the consequences of smoking and wants to quit this behaviour. Considering the intervention, it can be claimed that during designing and delivering a health promotion intervention for an individual, who is a smoker and it is essential to apply the five categorized strategies with the aim of achieving the objectives of integrated health promotion intervention. The intervention process is described below: In this contemporary era, the tendency of consuming tobacco has increased among the adults of the UK, which has caused several diseases among the smokers relating to chronic diseases. Thus, during the intervention process it will be highly essential to prepare an intervention procedure through which the tendency of consuming tobacco can be reduced among the adolescents. Thus, during this stage, it is essential to identify the time span the smoker has been consuming tobacco. At the same time, it is also vital to identify the number of cigarettes he has been consuming per day. Moreover, it is also required to know whether the person has attempted to quit the habit of smoking (Cepeda-Benito, & et. al., 2004). During this stage, it is highly essential to advice all tobacco users to stop consuming tobacco. In this regard, it is highly essential to make understand that respondent about importance of leaving or quit smoking in a clear manner through which the individual will able to understand the smoking involved threats. In this regard, it is essential to make the individual aware about the negative consequences of smoking and also need to provide real example in order to create doubt and fear inside the mind regarding smoking (Illinois Academy of Family Physicians, 2005). After gathering the essential