StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Competitive Strategies and Government Policies ECO 365 - Essay Example

Cite this document
Summary
Global competition has affected almost every industry in the economy of the world with motor vehicle manufacturing industry experiencing the greatest competition. New companies have been emerging in this industry because of globalization. Moreover, organizations have been…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Competitive Strategies and Government Policies ECO 365
Read Text Preview

Extract of sample "Competitive Strategies and Government Policies ECO 365"

Competitive Strategies and Government Policies Global competition has affected almost every industry in the economy of the world with motor vehicle manufacturing industry experiencing the greatest competition. New companies have been emerging in this industry because of globalization. Moreover, organizations have been merging and expanding to increase their competitiveness. This has made pricing of products and sustainability of profits in this industry difficult. The type of merging that has greatly affected this industry is horizontal merging.

According to Arnold (2008), a horizontal merging in a type of merging in which two or more organizations, dealing in similar products, and operating in the same market combine to make a single organization. The reason why this type of merging has been affecting the industry is that it increases the competitiveness of organizations. According to Gerber (2010), changes in various aspects of the economy have great effects on the level of competition experienced in an industry. One of the changes that have greatly affected the motor vehicle manufacturing industry is the introduction of new government policies and regulations.

Tax waives and regulations designed for encouraging global investments have resulted to emergence of new organizations in this industry. This has greatly affected the global competition in the industry. As a result, this industry has been facing an increased labor demand, reduced supply of resources, and lack of good relations with each other. Motor vehicle manufacturing could handle these identified points in various ways. This ways include improving service delivery and employing various types of merging.

Organizations in this industry should employ horizontal, vertical, and conglomerate merging when expanding their operation. Another way is making organization’s policies to be in line with the government policies and regulations. The point of effects of global competition could be avoided through merging, acquisition, and expanding. ReferencesArnold, R. A. (2008). Microeconomics. Mason, OH: South-Western Cengage Learning Ltd.Gerber, D. (2010). Global Competition: Law, Markets, and Globalization.

New York, NY: Oxford University Press.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Competitive Strategies and Government Policies ECO 365 Essay”, n.d.)
Competitive Strategies and Government Policies ECO 365 Essay. Retrieved from https://studentshare.org/management/1604121-competitive-strategies-and-government-policies-eco-365
(Competitive Strategies and Government Policies ECO 365 Essay)
Competitive Strategies and Government Policies ECO 365 Essay. https://studentshare.org/management/1604121-competitive-strategies-and-government-policies-eco-365.
“Competitive Strategies and Government Policies ECO 365 Essay”, n.d. https://studentshare.org/management/1604121-competitive-strategies-and-government-policies-eco-365.
  • Cited: 0 times

CHECK THESE SAMPLES OF Competitive Strategies and Government Policies ECO 365

The Political Aspect of the Netherlands with regard to Foreign Direct Investment Attractiveness

These factors provide the environment of business undertakings in the FDI context, with the Diamond model evaluating the competitive advantage of a nation in a given business aspect.... The central focus of this paper is the political aspect of the Netherlands with regard to Foreign Direct Investment attractiveness....
7 Pages (1750 words) Coursework

Impact of E-Marketing on Microsoft Corporation

The trend of shifting from traditional ways of running the business enterprises to online direct selling to the customers is evident – the strategies adopted by Dell, Nokia, Apple, HP, and many other companies are examples.... The organizations must design their business objectives and strategies in a way that they take advantage of amenities provided by the internet (Smith & Chaffey, 2005).... In order to ensure that businesses are able to survive in such a tough and competitive environment, they will have to develop strategies that will help them earn the customers' loyalty (Cummings et al....
11 Pages (2750 words) Case Study

Market and Competitors of the Biotop Company

Lecturer's Date: Market Analysis Introduction Market analysis is a procedure that aims at studying the dynamics and the attractiveness of a unique market in a unique industry.... This is a process which is part of a company in which the strengths, weaknesses and threats of the company can be identified....
6 Pages (1500 words) Essay

Acer Inc - Strategic Analysis and Strategy Development

is also a provider of e-business services and they sell these services to the business, household and government clients.... The government rules and regulations to be sufficed by the new firms are costly as well as elaborate (Anderson and Srinivasan, 2003).... Existing strategies 11 2.... New strategies 14 3.... Revising SBU strategies on Basis of Real World Constraint 17 3.... Difference of the Previous and New strategies 17 4....
13 Pages (3250 words) Dissertation

Competitive Advantage of IKEA

Hodgkinson and Johnson (1994) offer the argument that there is likely to be a greater degree of heterogeneity existing among organizations that function in task environments, which are more competitive.... In the case of Zara, the clothing retailer, the organizational manages the competitive pressures in the...
5 Pages (1250 words) Essay

Business Strategy of Mulberry

Mulberry is a fashion company that was established in England in 1971which manufactures leather goods as well as handbags.... There are around… The study says that Mulberry aims to operate in two sectors the design business and the retail business (Robinson, Sherwood and DePaolo, 2010).... The retail business deals with the sale of Mission statement of an organisation is essential for developing the business either at the early stage or during expansion....
23 Pages (5750 words) Essay

Environmental Justice in the European Union and UK Laws

As such if a disagreement arises between the policy relating to the protection of the environment and other policies of the EU, then conciliation has to be arrived at by the Member States and the institutions of the EU (Hooydonk, 2006.... nbsp; The Commission had also published an amendment to a Council directive, which deals with several measures and strategies with regard to the environment (OJ [1999] C83/13)....
11 Pages (2750 words) Essay

International Investment Analysis of Tesco

Moreover, the report applies Porter's five forces model on the situation and then competitive strategies have been discussed.... The paper contains an international investment analysis of Tesco, a company which has gained the position one of the world's leading supermarket.... Tesco has 60% of business operations in the UK with 3,054 stores of a different format from small to large scale hypermarkets....
8 Pages (2000 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us