Competitive Strategy Management Control System

Question: Discuss about the Competitive Strategy for Management Control System. Answer: Key ideas of strategy The video of strategy describes basic differences between strategy and goals. Companies while accomplishing the goals set by organizations formulate a plan. A good strategy must include some relevant topics such as the area of competition, the unique value of the product, utilization of resource capabilities, and sustaining individual values. The first item includes competitors, product markets, geographic markets, industries, etc. The second criteria include reason of choosing the product of the company over other businesses. Unique values can be cost and differentiation regarding reliability, styling, customization, image, etc. The third aspect of resource capabilities includes exceptional human capital, superior technology, unique reputation, and unmatched reputation (Lozano 2012). Resources can be tangible or intangible. Capabilities refer to the ability to use the things that are present within an organization. Sustainability means factors that allow continuing the strategies to sustain the company in the marketplace. The strategy is a most important aspect that every company should follow in accomplishing goals. The strategic aims of the organization are aligned to the strategy of each department. However, one must not confuse with the concept of objective and strategy. Both these two things are different but are complementary to one another. An organization should be unique in formulating strategies so that they can acquire a substantial market share in the sector (Arjalis and Mundy 2013). Plans for each department of organizations should fulfill the requirement of the established goals of the company. More focus is required whenever senior management of businesses formulates strategies for the development of the enterprise. Implementation of the key ideas IGA (Independent Grocers of Australia) is a supermarket chain in Australia that focuses on targeting the general customers of Australia. As it is a supermarket chain, hence the company sells daily use products in their store. The strategy followed by IGA in the Australian market is cost leadership. Low price is the key area of attracting more customers while maintaining a decent quality of the products sold by the company. There are many other supermarkets present in Australia. However, IGA continues its reputation in the market by its product quality and cost of their products. IGA focus on their private label products with unique features (Pollard et al. 2014). Some product differentiation is included in these categories of products. However, the company is very much focused on optimum utilization of its resources present within the enterprise. The resources of the company include large suppliers, good relations with the vendors, and the financial aspects. On the other hand, the ca pability of IGA refers to its developed human capital. The employers of the company are trained in a way so that they can provide excellent customer service to the customers (Richards et al. 2013). IGA in Australia is famous for its unique strategies of promotion in the market. By its promotional strategies, the company is capable of increasing the customer base on a yearly basis. Apart from that, retention of existing customers is a vital aspect that can be done by excellent promotional strategies of IGA. The unique thing about IGA is that it follows both cost leadership and differentiation in different aspects. Week 4 Business Model Innovation Key ideas of business innovation Innovation is a key factor that is recognized as the most important element in attaining sustainability in the firm. A company can reach its zenith of success only when it follows the path of innovation in the market. However, the companies who are busy in serving present customers and are not focused on developing new products they will not be able to sustain for a long term in the market. However, the word innovation has many misconceptions among entrepreneurs of the world (Jimenz-Jimenz et al. 2014). According to many executives, innovation requires enormous resources, advanced technology and developing a product in the blue ocean. These connotations are wrong. Instead of it, innovation is focused on the integration of ideas that leads to a new product altogether. To initiate innovation, a company must focus on its business model. Business models should be changed with the pace of change in the marketplace. Innovation cannot be supported by the old style of the business model of a company. However, a business model must include certain features such as target customers, the product serving the customers, the value of the product and the way of providing value to its clients. In this business model, innovation can be included in the factors of value addition and product types (Gaziulusoy et al. 2014). Innovation can be four steps such as initiation, ideation, integration and implementation. However, companies must do extensive research while applying any idea in the business model. Apart from having positive aspects, innovation also possesses negative aspects if companies do not implement it correctly. Application of the idea There are instances of businesses that follow innovation in their business model. They are now enjoying the position of market leader in that particular sector of industries. On the contrary, some other companies are not able to sustain in the market due to their old business models and lack of new product development. The organization chosen for describing the innovation in practice is Apple, Inc. Apple is a company known for the innovation. In this category, Apple ranks first. Innovation is the core success factor of Apple in the market. The products of Apple usually serve a niche market. The target customers of Apple are high-end customers. Apple mainly concentrates on providing value to the expectations of the customers. The products of Apple possess unique features along with sleek, innovative design (Jun and Sung Park 2013). The research and development department of Apple consistently focus on the development of strategies that are not matching with products provided by other companies. Products of Apple usually create the need in the market that is a huge factor in the success of the enterprise. However, the business model of Apple focuses on providing value to their premium customers that make the company standing apart in the marketplace. Due to the innovation, Apple charges premium price for their products and clients are willing to pay for the innovation (Yin et al. 2014). Therefore, it can be concluded that innovation is the most important factor of business extension as well as adding more customer base in the firm. The primary strategy of Apple in developing a new product is adding some creative features in their gadgets or modifies some features that are not previously highlighted by any company. It is a form of innovation of Apple. References Arjalis, D.L. and Mundy, J., 2013. The use of management control systems to manage CSR strategy: A levers of control perspective.Management Accounting Research,24(4), pp.284-300. Gaziulusoy, A.ÄÂ °., Boyle, C. and McDowall, R., 2013. System innovation for sustainability: a systemic double-flow scenario method for companies. Journal of Cleaner Production,45, pp.104-116. Jimenz-Jimenz, D., Martnez-Costa, M. and Sanz-Valle, R., 2014. Innovation, organizational learning orientation and reverse knowledge transfer in multinational companies.Electronic Journal of Knowledge Management, 12(1), pp.47-55. Jun, S. and Sung Park, S., 2013. Examining technological innovation of Apple using patent analysis.Industrial Management Data Systems, 113(6), pp.890-907. Lozano, R., 2012. Towards better embedding sustainability into companies systems: an analysis of voluntary corporate initiatives.Journal of Cleaner Production,25, pp.14-26. Pollard, C.M., Landrigan, T.J., Ellies, P.L., Kerr, D.A., Lester, M. and Goodchild, S., 2014. Geographic factors as determinants of food security: a Western Australian food pricing and quality study.Asia Pac J Clin Nutr, 23(4), pp.703-713. Richards, C., Bjrkhaug, H., Lawrence, G. and Hickman, E., 2013. Retailer-driven agricultural restructuringAustralia, the UK and Norway in comparison.Agriculture and human values,30(2), pp.235-245. Yin, P.L., Davis, J.P. and Muzyrya, Y., 2014. Entrepreneurial innovation: Killer apps in the iphone ecosystem.The American Economic Review, 104(5), pp.255-259.

Writing a Narrative Essay Topic For Grade 10

Writing a Narrative Essay Topic For Grade 10If you are a senior in high school, then you are probably looking for ways to enhance your grade point average. You could try writing an essay on a book that you just bought; or a movie that you saw at the cinema; or a movie review; or perhaps a school essay; but if you want to make sure that you get good grades at school, then you should also consider writing a narrative essay topic for grade 10.Many people are turned off by factual material and prefer their essays to be based on the opinions of the writer rather than facts. But if you decide to write a narrative essay, then you must have a compelling story that will definitely make the reader sit up and take notice. Writing a narrative essay will show that you are a writer who has not lost his love for literature and can go beyond the conventional type of content that is found in typical textbooks.You might think that a factual essay would be boring, but that is not true at all. Many stud ents find this type of writing to be too dry and boring, and so they do not bother to finish it. However, if you are interested in knowing more about the life of people, this is the perfect opportunity for you to include personal experiences. When you write about a particular person, it will make the reader aware of how fascinating the life of the person is.The basic factors that you need to keep in mind when writing a narrative essay are to include facts, references, and ideas. The writer should always be aware of the nature of the topic, the environment in which he is writing, and the students that he is addressing. For example, if the topic is the civil war in the US, then the writer needs to refer to books that will provide interesting information regarding the Civil War.One of the most important things that you need to remember is that the text must provide you with all the presentation options. While writing a long narrative essay, you will need to present all the events that took place in the text. Some examples include presenting the facts about how the civil war was started, why it began, how it has been resolved, and what the future holds for the US.In order to attract prospective students, many schools offer the idea of having an essay assignment where the student is required to write about a particular topic from a particular perspective. So, if you are thinking of writing a narrative essay, the best option would be to find out whether there is a programme in your school that provides a similar opportunity.Once you have decided upon a narrative essay topic for grades 10, you will still need to think about your own strengths and weaknesses. It is important to understand that this type of writing requires some amount of skill and creativity as well as the ability to craft a compelling narrative.

Choosing Good Research Essay Proposal Mla 8 Style Samples

Choosing Good Research Essay Proposal Mla 8 Style Samples Furthermore, you could come across additional resources about bibliography example MLA. Outline might be final or draft. MLA formatting is absolutely a very time-consuming job. When you study in a specific field, you want to follow along with their precise format. You will need to begin with a strong introduction. The introduction is written to supply a background or context linked to your research issue. It usually covers the following elements. You'll realize that writing is much simpler when you don't need to overload your head with how you're likely to cite everything. The outline of your customized research paper is likely to reflect upon your research so make certain that it provides a fair idea about what your paper will discuss. If you are going to compose a dissertation for your class, the very first thing you must do is decide what it will be about. If you don't have perfect grammatical abilities, you cann ot compose a brilliant bit of paper. A couple are still students. To compose a thriving research paper, you have to understand how to compose a research proposal in a manner it passes through the thesis committee. Each student must choose one reading that we've done so far or will read later on, and no 2 students may pick the identical work. Some students simply don't have sufficient knowledge for a definite job. You may pick any topic for your research but you need to make sure which you are acquainted with the topic you have chosen to write about. Whether there are two authors with the identical surname, make certain to include their very first initial in your citation to prevent confusion. It is very important to frame the research question whilst writing the proposal. In the event the research question isn't specific and has quite a general literature review, then your proposal might appear insignificant. The 5-Minute Rule for Research Essay Proposal Mla 8 Style Samp les Bear in mind that it's an outline of your principal paper therefore it will cover all the critical elements of your paper. The best way is downloading a research paper outline template to produce the outline. When you submit your paper, make certain to keep a safe copy. Any paper is going to be written on time for an affordable price. Get the Scoop on Research Essay Proposal Mla 8 Style Samples Before You're Too Late Another important part of the format is a reference list containing all of the information regarding your sources appropriately formatted. If you don't need to hesitate whether to cite a source, turn to our on-line tool, and you'll receive your problem solved. All you will need is to supply the info about the source you will cite. A research paper on-line template is among the handy tool for writing a research topic. The essay information will be found at the top left of your very first page. There are two methods to cite your sources. AS if it wasn't hard enough, you also have to cite all the sources that you've used appropriately. Once you choose the appropriate source from the listed results, you will be shown what information was and wasn't found, then taken right to the form. The Pain of Research Essay Proposal Mla 8 Style Samples The principal arguments being made in your proposal also needs to be reiterated. Once you comprehend the simple format, it is extremely simple to correctly compose a proposal for college. A template will allow you to identify the crucial elements of your proposal, which means you may know what goes where. Employing proposal examples is a superb means to learn from somebody else's experience and make an outstanding powerful proposal. The text is advised to be typed utilizing the common fontlike Times New Roman. Research Paper isn't a task for a single day. These pages provide you a few questions to answer, then enable you to push a button to acquire an individual works-cited entry. Introduction page three ought to be banned. If you're citing a whole work, it's required to include only the author's surname without page numbers. The site name can ordinarily be found in the internet address or by searching for a logo or similar at the exact top of the webpage. Whereas, when you have four or more authors then you've got to write all of them out following the previous name of the very first Author. The format for citing a few authors follows the exact format as the one for a single author with the exception being that the 2 authors surname has to be mentioned.

Tips to Write a Funny Classification Essay Topic

Tips to Write a Funny Classification Essay TopicAs long as you can come up with some amusing topic for your funny essay, you will be a step ahead of the competition. With some tips and pointers you will definitely have a wonderful time while writing your funny classification essay topic.First, do not limit yourself to just one topic for your classification essay topics. Keep the topics broad, since this will help you find all sorts of subjects that would match your subject. For example, if you are going to talk about sports, your subject could range from sport to soccer, as well as to skateboarding, snowboarding, motorcycling, bicycling, surfing, racing, and diving, just to name a few. This gives you plenty of scope to explore topics.Second, it is very important that you have a theme or subject to talk about in your selection of topic. This is the most crucial aspect in coming up with a topic for your subject.It is best to choose one or two important aspects in your text. If you want to talk about the weather and the seasons, you can include climate change and seasonal variations. If you are to discuss politics, then the best way is to make a simple comment, such as 'As an American, I am interested in the impact of a number of political situations on the economy.' This is very simple and easy to write, and gives you a good start.In choosing your topic, you need to remember that humor is always a great choice. It is best if you have a certain funny line that your audience could relate to and can say along with you. It is best if you can come up with some other interesting details to add to the theme of your subject, such as having a chat with a sheep farmer.Third, you must come up with a well-written topic for your topic. Don't write a funny essay without the necessary qualities in it. There are a lot of writers who make a category based on content only, but this is not a good choice, since you should be able to keep the subjects of your writing within the confi nes of your theme.Make sure that you give your essay a title and try to end it with a few sentences that summarize what you are trying to say. If you follow these three simple tips, you will definitely have a successful category essay topic.

The End of Personal Growth Reflective Essay Samples

The End of Personal Growth Reflective Essay Samples It's possible for you to present reflective writing in various formats. Naturally, you will require a nice plan to come up with your paper. Every paper needs to have a definite goal and the writer should achieve it by the conclusion of its completion. Therefore, the procedure for writing will turn out to be much simpler. The outline acts as a map for you to keep your thoughts organized. Because you're writing about an emotionally-charged subject, you might wind up getting lost on the way. Nevertheless, you might not have all the details to produce the story full. The most fascinating thing is I didn't find the best grades in English when I was in high school. Definitions of Personal Growth Reflective Essay Samples Use a first-person narrative as it is more suitable to accomplish a personal, reflective tone. It is essential to select the right words and phrases while reflecting your ideas and showing what you feel. Listening, on the flip side, is the procedure of hearing the other person that you're communicating with. To compose a reflective short essay, you must have the correct disposition in addition to the momentum. Bear in mind that the essay should give readers a glimpse into your nature and ability to manage and adapt to unique conditions. The intent of writing this kind of essay is to provide yourself be a platform to talk about your most meaningful life experiences with different folks. The most important reason why some students don't develop a well-written reflective essay is the incorrect perception whether its goal. Ideas, Formulas and Shortcuts for Personal Growth Reflective Essay Samples If you understand, the essential elements of self. Such a degree of organization has benefits that allow you to accomplish a better grade on the essay. It's through the substantial impact of private development an individual may grow and enhance her or his relationships, wealth, happiness, health, and careers. It through the considerable effect of private development an individual may grow and enhance their relationships, wealth, happiness, health, and careers. The personal development plan was developed to tackle the regions where weakness was seen in the learning procedure and make certain the regions of strength were maintained at elevated levels. The idea of private development is not simply limited to self development, but in addition entails formal and informal activities intended to build others, too. In the previous levels it was not planed thus some of the areas suffered causing a decrease in the knowledge levels. It refers to a set of activities that one can engage in for the purpose of enhancing self knowledge and identity. Throughout your reflection, you should earn a case for the way the experience has stimulated your private growth. You just have to share an experience. Aside from the format, you must consider the life experience you wish to write about and remember everything about it. Take into consideration the personal experience you wish to write about. There are many things you'll be able to write a reflective e ssay about. The very first step to writing a reflective essay is to make a plan so you may end up with a well-organized essay. You may make an academic reflective essay or you may make it like a general and informal bit of writing. Generally, writing a reflective essay doesn't differ from any other kind of paper. Essays, generally, covers different topics. If you wish to compose a reflective essay but have no clue how to begin, you can use our Essay Outline Template and use its structure for a reference in creating your own reflective essay. Even if you're taught how to compose the reflective essay, you might not be in a position to get a relevant and intriguing topic. Now, which you already understand what's a reflective essay you should figure out the way to compose a reflective essay. Also, you may think about taking the help of some questions that it is possible to answer and then rephrase according to the essay structure. An outline or plan is essential for reflective essays. In your outline, make sure to set up each of the fundamental details you want to have in your essay. With an outline to direct your writing procedure, you can find with an essay that's more coherent and which has a crystal clear structure.

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