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Monday, March 18, 2019

Analyse the case study with reference to Michael Porter’s Theory :: Business and Management Studies

prove the grapheme battlefield with commendation to Michael Porters theory of private-enterprise(a) Advantage and answer the following question Does the States control free-enterprise(a) utility in the textile and garment manufacture?Analyse the case study with reference to Michael Porters Theory ofCompetitive Advantage and answer the following questionDoes America have competitive advantage in the textile and garmentindustry?You answer moldiness include the following elements1. A clear outline of Porters theory with nurseing references. 20%2. An analysis of the case study with reference to the 4 main elements of Porters Diamond. (N.B. You will not be able to comment on company structure, as the case study does not include information on this. You should, however, refer to divisor conditions, petition conditions, firm rivalry and related and supporting industries.) 40%3. An analysis of the case study with reference to Porters secondary points of chance and political science actions. 20%4. Your conclusion. 10 %The remaining 10 % will be for grammar, style, clarity, employ thecorrect system of referencing (the Harvard System) etc.LiteratureMichael E. Porter. The Competitive Advantage of Nations.Does America have competitive advantage in the textile and garmentindustry?For a country to have a competitive advantage, it is necessary to date Michael Porters Theory of National Competitive Advantage.Michael Porter introduced a model that allows analysing why somenations are more competitive than others are, and why some industrieswithin nations are more competitive than others are, in his disc TheCompetitive Advantage of Nations. This model of determining factors ofnational advantage has commence known as Porters Diamond. It suggeststhat the national home base of an organization plays an definitive rolein shaping the extent to which it is likely to achieve advantage on aglobal scale. This home base provides basic factors, which sup port orhinder organizations from building advantages in global competition.Porter distinguishes quaternary determinantsFactor ConditionsThe situation in a country regarding production factors, likeskilled labour, infrastructure, etc., which are relevant forcompetition in particular industries.These factors provoke be grouped into human resources (qualificationlevel, cost of labour, commitment etc.), material resources (naturalresources, vegetation, post etc.), knowledge resources, capitalresources, and infrastructure. They also include factors like qualityof search on universities, deregulation of labor markets, orliquidity of national contrast markets.These national factors often provide initial advantages, which aresubsequently make upon. Each country has its own particular set offactor conditions hence, in each country will develop thoseindustries for which the particular set of factor conditions is

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