CH16

docx

School

Colorado State University, Global Campus *

*We aren’t endorsed by this school

Course

5440

Subject

Management

Date

Nov 24, 2024

Type

docx

Pages

Uploaded by MagistrateWren2087

Why shouldn’t a company strive to excel in all nine competitive priorities? The nine competitive priorities addressed in the book are operational dimensions that companies and supply chains use to fulfill customer needs. These priorities fall within the four main competitive capabilities of cost, quality, time, and flexibility (Krajewski, & Malhotra, 2022). A company should not try to excel at all nine priorities. There are many factors that go into the competitive priorities of a company. The number of employees, plant size, resources, product type and quality all matter when it comes to the priority the company chooses. A smaller plant might focus their priority towards on-time delivery while a medium plant can use flexibility to offer more variety or customization due to their larger workforce and upgraded technology (Mady, 2008). Trying to excel in all nine priorities rather than just one or a few will take away from other aspects of the company and can create production and delivery problems. What factors impact a company's choice of competitive priorities? A company’s choice of competitive priority is based on a few factors. As previously mentioned, company size, product type, and resource availability play a large role in the decision of what priority to choose. A company offering low-cost products shouldn’t focus their resources on top quality or product variation because their model is selling large amounts of cheap goods instead of smaller amounts of high quality, or tailored products (Krajewski et al., 2022). References Krajewski, L. J., & Malhotra, M. K. (2022). Operations Management: Processes and Supply Chains (13th ed.). Pearson Education. Mady, M. T. (2008). The impact of plant size and type of industry on manufacturing competitive priorities: An empirical investigation. Competitiveness Review, 18 (4), 351-366. doi:https://doi.org/10.1108/10595420810920824

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

496 Assignment.docx

BUS610 Week 6 Discussion 1.docx

Kaggle dataset (72).docx

Sample Of Proposal Essay.pdf

What kind of decision does Martha fac1.docx

Benjamin.docx

JUS 515 Topic 3 DQ 1 3.docx

Task 2 DEVELOPMENT PROJECT.docx

BUS 4403 - UNIT 2 DISCUSSION.docx

MAN7137 Strategic Management and Leadership complete file.docx

DISCUSSION WEEK 1 MGMT 670- Douglas Bernal.docx

lease a car.docx

Recommended textbooks for you

Management, Loose-Leaf Version

Management

ISBN:9781305969308

Author:Richard L. Daft

Publisher:South-Western College Pub

Marketing

ISBN:9780357033791

Author:Pride, William M

Publisher:South Western Educational Publishing

Principles of Management

Management

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax College

Purchasing and Supply Chain Management

Operations Management

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Cengage Learning

SEE MORE TEXTBOOKS

Recommended textbooks for you

Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning