Wednesday, October 30, 2019
Corporate Strategy of Emerson Electric ACP Company Case Study
Corporate Strategy of Emerson Electric ACP Company - Case Study Example It is evidently clear from the discussion that profit pools are the highly relevant business strategy which analyzes organizational activities and managerial processes to provide the firms with the competitive advantage by creating a value chain for the product and services. According to Porter, the value chain comprises of five primary and four secondary activities. Primary activities are inbound and outbound logistics, operations, marketing and sales, and services. Secondary activities include procurement, human resource management, technology development, and infrastructure. The firmââ¬â¢s analysis of these factors helps it to develop the appropriate strategy to maintain its market position and gain the competitive advantage in the industry. Few of the various activities that the firm analyzes and then implements the changes to improve and improvise its performance outcome can be briefly described as under. The process facilitates the creation of effective logistics for the sup ply chain of raw materials and the network of wholesalers and distributors so that the quality goods and services can reach the consumers timely and efficiently. The core business strategy of any business heavily relies on the market and sales strategy that facilitates its products and services to meet the needs and requirements of the people at large. Competitive pricing and a strong market position are major business compulsions that are need driven. They use various types of marketing metrics in order to gauge the preferences of the people and help evaluate the strength and weaknesses in its strategies to improve its business performance.
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