Sunday, April 28, 2019

Business Management Assignment Example | Topics and Well Written Essays - 1750 words

Business Management - Assignment Example strategical partnerships with other business organizations have been a key factor which has helped the company in its global enlargement and dominance.In general four blocks of competitive advantage has been identified that provides an organization to outcompete its rivals. These are efficiency, customer responsiveness, whole step and innovation. These factors help a firm to achieve either lower cost or higher crossway differentiation which in bout provides competitive advantage. In case of Federal Express for the company to economise its profitability above average it is integral that it continues to develop its logistics more robustly (Gendron, 2012). The development of logistics services began from the completion of 80s and all the major competitors began to provide logistics services to assist the business customers in activities the likes of assembly operation, warehousing and distribution. This shtup help the organization to devel op its customer responsiveness and contribute in the long term-profitability. Better logistics management can help the customers to meet their customized requirements into a standardized physical network. both direct advantages can be derived from this firstly, the reduction of cost and secondly higher cost capacity utilization. The customers can achieve higher level of satisfaction from the better security arising from this. Therefore, it seems plausible that higher investment in the BLS Division of the company which takes care of the logistics division is likely to bring more customers for the company which in turn will help in achieving higher revenues. This strategy is better than the price cutting strategy as such behavior often induces similar responses from the competitors which may fail to provide benefits in the long-run. Also UPS peerless of the biggest rivals of Federal Express had focused heavily on improving its logistics services in order to deem its competitive adv antage throughout 2000s. This is perhaps one of the

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