Business Management Assignment Example | Topics and Well Written Essays - 1750 words

Business Management - Assignment ExampleStrategic partnerships with other business organizations have been a key factor in which has answered the company in its global expansion and dominance.In general four blocks of agonistical advantage has been identified that provides an organization to outcompete its rivals. These are efficiency, customer responsiveness, quality and innovation. These factors help a firm to achieve either lower cost or higher product differentiation which in turn provides competitive advantage. In quality of Federal Express for the company to maintain its profitability above average it is integral that it continues to obtain its logistics more robustly (Gendron, 2012). The development of logistics services began from the period of 80s and all the major competitors began to provide logistics services to assist the business customers in activities like assembly operation, warehousing and distribution. This can help the organization to develop its customer res ponsiveness and contribute in the long term-profitability. Better logistics management can help the customers to meet their customized requirements into a standardized physical network. Two accept advantages can be derived from this firstly, the reduction of cost and secondly higher cost capacity utilization. The customers can achieve higher level of satisfaction from the better protective cover arising from this. Therefore, it seems plausible that higher investment in the BLS Division of the company which takes care of the logistics division is likely to bring more customers for the company which in turn result help in achieving higher revenues. This strategy is better than the price cutting strategy as such behavior often induces similar responses from the competitors which may break up to provide benefits in the long-run. Also UPS one of the biggest rivals of Federal Express had focused heavily on improving its logistics services in order to retain its competitive advantage t hroughout 2000s. This is perhaps one of the