Tuesday, February 25, 2020

Case Study - Arrowhead Ltd Example | Topics and Well Written Essays - 2000 words

- Arrowhead Ltd - Case Study Example The liberal strategies adapted to this segment of customers finally bounced back as a major threat to the existence of the company. As a production director, I should approach the above issue seriously. Drastic changes in the business strategy are necessary in Arrowhead. No organization can survive in the current extremely competitive world, either with a particular product alone or with a particular segment only as the customer base. Greg Kitson (2009) has argued that every market experiences some seasonality diversification of the customer base is the only option to stay busy throughout the year (Kitson 2009). It is suicidal to depend heavily on a particular customer base for ever to sustain a business. Avoiding customers who are volatile to market fluctuations is necessary to sustain the business prospects of Arrowhead. Arrowhead should concentrate more on building a customer base that are capable of withstanding any type of pressure exerted from the market. The recent financial crisis has affected Arrowhead worse since most of their customer base was from the mostly affected community, the lower and middle class. The current financial crisis has not affected the upper class much because of their immense financial strengths to overcome such crisis situations. On the other hand, the rest of the community were seriously affected by the financial crisis. Arrowhead should build high quality products in order to canvass the upper class people. The current customers of Arrowhead are not much worried about the quality of the furniture produced by arrowhead. It is quiet natural since they are getting furniture at an affordable price and that also in instalment payment basis. They cannot bargain much to reduce the price or to improve the quality of the Arrowhead products because of their obligations to the company. On the other hand, upper class people are not like that. They normally look for the quality of the product rather than the price of

Saturday, February 8, 2020

Interactive Group Discussion Essay Example | Topics and Well Written Essays - 1000 words - 1

Interactive Group Discussion - Essay Example In line with this, each member was expected to study the PRINCE 2 structure closely. The work was to be chosen by each individual in the group this paved way for the development of, R&D.Members were expected to carry out documentation.The incorporation of individual aspect was to come out at this stage. The individual perspective was to be read out at the next meeting. In the following meetings project approach was identified. Technological Road Map (TRM) was identified. This however presented a new challenge to us. To begin with, two project members had to be explained to what TRM entail as they found it very complex.The identification of objectives brought forward an issue especially on the last. The objective mentioned that The TRM method and other optional methods. This was an issue as the objective was overloaded and vague. Members deliberated and we modified it to only one method. The decision on communication on completion of the work was decided. The group zeroed on email as the best method. Communication was an important aspect of any group interaction. The members were to keep in touch through the use of emails and also physical meetings. To begin with, the method was good as it was fast and time-saving. Considers that internet-based surveys may save time for researchers as access can be gained to a large number of individuals within a short time. In so doing it meant that communication could take place any time of the day as all one needed was a computer and internet connection.... to be chosen by each individual in the group this paved way for the development of ,R&D.Members were expected to carry out documentation .The incorporation of individual aspect was to come out at this stage. The individual perspective was to be read out at the next meeting. In the following meetings project approach was identified. Technological Road Map (TRM) was identified. This however presented a new challenge to us. To begin with two project members had to be explained to what TRM entail as they found it very complex .The identification of objectives brought forward an issue especially on the last. The objective mentioned that The TRM method and other optional methods. This was an issue as the objective was overloaded and vague. Members deliberated and we modified it to only one method. Decision on communication on completion of the work was decided. The group zeroed on email as the best method. Communication was an important aspect in any group interaction. The members were to keep in touch through the use of emails and also physical meetings. The prior, use of emails had pros and cons. To begin with the method was good as it was fast and time saving. Consinders that internet based surveys may save time for researchers as access can be gained to large number of individuals within a short time. ( Wright, 2005 p 8) . In so doing it meant that communication could take place any time of the day as all one needed was a computer and internet connection. Another advantage was that the communication could take place simultaneously between several individuals. (Mann, 2002 p 2) notices , ‘The internet enables to an interchange of messages between two or more users logged at different computer terminals’. However, the methods had certain disadvantages. One could not