Monday, December 9, 2019

Business Report of Walmart and Starbucks †MyAssignmenthelp.com

Question: Discuss about the Business Report of Walmart and Starbucks. Answer: Walmart:Description of the organisation, and why it is selected. Walmart is one of the biggest store for the grocery chain in the world. Different people work with the chain of Walmart where it has merchandises of the electronic appliances, groceries, furniture. With this, the company also focus on offering the lowest prices to its customers with the increase of the international stores with time. (Agustina et al., 2014). Walmart excellence is based on the U.S. segments with the financial services and the other related products which include the money orders, all the prepaid cards, wire transfer, money transfer etc. they are easily able to handle the merchandise of the grocery, entertainment, apparel and home. Strategy is important for it brings the value in the market with better customisations and the liability. Description of the organisation by applying the theories in the clips For Walmart, there is a need to focus on the different customer satisfaction objectives and the well-planned course that would lead to handle and create a strong network capacity. The integration is set with the telecommunication to maintain a proper network with research and development. The company is also able to bring the changes through advertisement of the campaigns and then drawing the peoples attention for working. The company Walmart is facing strong competition from Target and K Mart in US. (Nagle et al., 2016). Hence, for this, they need to bring a change in their business concepts so that the customers are able to cooperate with the local suppliers for the purchase of the brand and the other products. The organisational culture is standardised with the home country with proper adaptation of the shortcoming technologies. The cross docking business model has been used for the logistics to handle the unloading of the goods from the different areas. (Enderer et al., 2017). He re, it is set with the proper storage and the transportation is also possible in the time frame of 2 to 3 hours for the inventory which comes to the outbound truck for delivering the consumers. Walmart focus on increased use of the warehouse space, minimising the stock out and then reducing the time lead as well. The opportunities information of the supplier and the customer need to check with the flow through which there is an easy docking process with the consistent inflow and outflow of food. The distributor is involved in the supply chain with the delay in the process of the flow of goods. (Peppard et al., 2016). The multiple store segments with the change of daily pricing will help in building a better geographic market for the use of acquisition and to enter into the foreign market. The lower costs, the higher volume and the increased satisfaction of the customer is mainly through the expansion of the strategy where the check is on working towards the reputation along with off ering the best prices to the customers. Starbucks:Description of the organisation, and why it is selected. The best producer and the leading brand and retailer of the finest coffee is Starbucks where the target market is based on the nationality and how the company is able to sell the product with high class customer service. CAGE works on the Cultural Administrative Geographic Economic Standards which is set by Ghemawat and focuses on handling the international strategies with the check on the gravity models. The focus is also on how the manager is able to pinpoint and work towards the development of the multinational companies when compared to the local competitors. (Ghemawat, 2007). Description of the organisation by applying the theories in the clips The theory applies of CAGE framework clearly defines about the industry and how it is possible to deal with the different effects of the customer products. Hence, to facilitate it, there is a need or the quantitative analysis where the customer also works on the customisation and adding the value scorecard. The cultural aggregation is based on saving the costs and researching about the development which would lead to the development of the new markets. The administrative aggregation is set with the partnership for the local firms where there is a proper licencing of the agreements and how the operations are set with the geographic, economic standards. the global logistics system is important for the distribution under the centralised market, where the economy change depends on the different pricing strategy. Here, the brand is about the investment in the coffee growing community and looks forward for the production of a larger variety and higher quality of the coffee product with low er labour cost. CAGE theory fails when Starbucks try to work on the business expansion as it focuses on maintaining the comparison with other countries. Hence, for this, the management also need to check with the issues and how the capabilities are met, depending upon the management posts and then letting the firm to gain the knowledge with proper cognitive biasing. (Ricart et al., 2004). For the company, it is important that it matches with the attractive combinations of the features, high quality and the excellent service. This would improve the care in selection and expertise in roast. Through the establishment of the product with competitive advantage, there is a possibility to work on the differentiation and relieving the long customer lines as well. Ghemawat focus on the different matters with the extent of how the company wants to move forward. Here, there are different issues related to the geographic distance that affect the cost of transport and the importance is mainly to deal with the heavy or the bulky products. The cultural distance is to map with the customer product preferences which is considered important for the consumer goods. To facilitate with the quantitative analysis, CAGE framework works towards adding AAA strategies with the Addition of the Value Scorecard as well. References Ghemawat, P., 2007. Redefining global strategy. Agustina, D., Lee, C. K. M., Piplani, R. 2014,. Vehicle scheduling and routing at a cross docking center for food supply chains.International Journal of Production Economics,152, 29-41. Enderer, F., Contardo, C. and Contreras, I., 2017. Integrating dock-door assignment and vehicle routing with cross-docking.Computers Operations Research,88, pp.30-43. Nagle, T.T., Hogan, J. and Zale, J., 2016.The Strategy and Tactics of Pricing: New International Edition. Routledge. Peppard, J. and Ward, J., 2016.The strategic management of information systems: Building a digital strategy. John Wiley Sons. Ricart, J.E., Enright, M.J., Ghemawat, P., Hart, S.L. and Khanna, T., 2004. New frontiers in international strategy.Journal of International Business Studies,35(3), pp.175-200.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.