Thursday, February 20, 2020

Maritime Logistics Essay Example | Topics and Well Written Essays - 3000 words

Maritime Logistics - Essay Example Maritime logistics industry itself is going through a very subtle but important change which will make it critical for the leading industry players to prepare them strategically in such a manner that can allow them to develop sustainable and progressive businesses in largely volatile business environment. Our target company which emerged from being a small player to one of the key international player only because of the management of the most important key drivers in such a manner that it allowed to develop its strengths and potential to dominate the market. The fact that company has been able to withstand the pressures of the current financial crisis itself is one of the ample proofs of how a successful company can actually sustain the external pressures and develop its internal strengths to achieve the success. Some of the issues that have been discussed in part 1 of this report focused on the understanding of the basic characteristics of the industry as well as to study and understand as to how the company has been working over the period of time and what are some of the risk factors that can contribute towards increasing the overall risk of the investment opportunity. As such there is a need to have a broader understanding of the factors identified in part 1 of this report so that a comprehensive and to the point understanding of the critical success factors can be developed for making better and more informed decisions. Our target company is also one of the firms which has been able to successfully withstand the economic pressures because of the fact that it has strategically developed itself to a point where it is relatively more stable and resilient against the changes in economic conditions. The target firm therefore is one of such firms which will contribute positively towards value creation if all the risk factors and critical issues are factored in accordingly. Some of the issues that have been discussed in

Tuesday, February 4, 2020

Management team decision Coursework Example | Topics and Well Written Essays - 1000 words

Management team decision - Coursework Example The plan of interest is the modification technique as it provides greater amounts of sustainable and near-term profitability. Currently, General Motors produces over 85 models and the appropriate move is to regulating production of various models. The company will be in a position of reducing the overlapping models and concentrate on the product mixes for purposes of allowing future redevelopment. General Motors should take away the GMC Passenger Van and Cargo Van as their Chevrolet brand offers similar vans with minor variations of the model. The organization should also include major changes in the current product mixes to achieve a turnaround for the current situation. The firm can achieve its profitability goals through a reduction plan of the overlapping vehicles in various brands since ascertained brands should not drive away customers. The strategies are intended to take the business away from competition. The entity can concentrate on defining several strategic decisions since it takes time to attach justifications behind the removal of each model (Peng 2008). As the company experiences reduced SUV sales, the corporation has to reduce the Envoy models to three as well as the Yukon models. Pontiac needs to remove the Montana Vans in the product line as the vans are outdated in terms of design as it not profitable. The company’s past strategy was to offer a broad assortment of cars under each brand. General Motors has changed the strategy through limiting the product portfolio and focusing on Cadillac and Chevrolet as marquis brands (Sekhar 2009). The organization has repositioned Hummer, Saab, and Saturn within niche brands. The approach combines Buick, GMC, and Pontiac into distribution channels that are complementary. Success of the firm appears to embed on taking strategic steps towards the profitability direction through making