The purpose of this assignment is to help students understand how manufacturing and service companies can maximize their competitive advantage. The Porter Model is discussed as a method to categorize and assess businesses and industries.
Write a 1,050-word report in which you address the following:
- Examine and discuss competitive strategies that manufacturers can use to gain competitive advantage.
- Appraise costing and financial strategies for manufacturing and service companies.
- Identify value chain strategies for both manufacturing and service companies.
- Discuss (Porter’s Model) and categorize (NAICS) the industry of a company the Learning Team selects.
Q1: Given the quantitative easing measures put into place by the Federal Reserve, what do you believe will be the impact on the value of the US dollar.
Q2: How will this increase or decrease a U.S. company’s ability to sell their goods or services abroad?
Please use the articles to answer the above questions. Give a specific industry example for how this impacts their business today.
The answers need to be in paragraph form (at least 5-6 sentences each).
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