Mature Industry and Decline Industry
Autor: Sergio Tong • July 19, 2015 • Term Paper • 816 Words (4 Pages) • 993 Views
10. Embryonic industries, Growth industries, Shakeout industry, Mature industry and Decline industry
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13. (Not important)
14.
Economies of scale |
Learning / Experience curve |
Capacity utilization |
Linkage among activities |
Interrelationship among business units |
Degree of vertical integration |
Timing of market entry |
Firm’s policy of cost or differentiation |
Geographical location |
Institutional factor (regulation, union activity, taxes, etc.) |
15. Technology is employed to some degree in every value creating activity.
It impacts competitive advantages by making new configuration of the value chain possible
- Reduce the costs of activity
- Reduce manpower cost
- Reduce time required
- Increase the efficiency of the activity
- Increase output per unit time
- Improve the quality of work
16. Considering the case in which the design of a product in changed in order to reduce manufacturing costs. Suppose that inadvertently the new product design results in increased service costs; the cost reduction could be less than anticipated and even worse, there could be a net cost increase. Sometimes however, the firm may be able to reduce the cost in one activity and consequently enjoy a cost reduction in another, such as when a design change simultaneously reduces manufacturing costs and improve reliability so that the service costs are also reduced. Through such improvements the firm has the potential to develop a competitive advantage.
17. Cost leadership, Differentiation and Focus Strategy.
18. Maximizing internal cost efficiencies ; Improve processing efficiencies ; Outsourcing non-essential activities ; Limiting internal expenditures on accommodation and management extras ; Managing and minimizing waste. Employee’s participant in cost management process and provide cost efficient incentives. Redesigning production process; Lower input materials cost. Relocating labour-based production.
19. Functional capabilities; product performance improvements; specifically targeting and satisfying customer’s needs.
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