ipl-logo

Arizona Public Services Essay

840 Words4 Pages

Background: More than 1.2 million residents in the state of Arizona get their power from Arizona Public Service (APS), a public utility provider (Arizona Public Service, 2023). The corporation manages an extensive portfolio of power plants, some of which are powered by fossil fuels (coal, nuclear, and natural gas), others by renewable resources (solar and wind power), and still others by a combination of these and other energy sources. Nevertheless, APS has been confronting issues connected to costs in recent years. These challenges include increased costs associated with maintaining and operating its old power infrastructure and demand from regulatory authorities to move to greener energy sources (Arizona Public Service, 2023). Challenges: …show more content…

Businesses that utilize this approach seek to undercut their competitors' pricing to provide the lowest price on the market for their products or services. Businesses often use this method to serve a particular, segmented target market (Hendron, 2022). In this case, APS is serving the state of Arizona market. APS needs to concentrate on a cost-centered business strategy that prioritizes cost efficiency and optimization across all operations in order to overcome the difficulties that have been presented. This strategy will entail a variety of strategies, including the following: APS should find possibilities to minimize its operating expenditures by enhancing its operational efficiency and simplifying its business procedures. This would get the company closer to its goal of lowering operating costs. For instance, the corporation might establish more effective maintenance procedures to lessen its power plants' offline time and increase their …show more content…

To achieve the most significant possible savings in operational expenses due to this transformation, the corporation should prioritize investments in low-cost renewable technologies such as solar and wind power (Arizona Public Service, 2023). Strategy for Differentiation: A differentiation strategy is a plan organizations develop to provide consumers with something distinctive, different, and separate from what their competitors may provide. The primary goal of executing a differentiation strategy is to gain a competitive advantage. A company will typically do this by examining its strengths and limitations, the demands of its consumers, and the total value it can deliver (Indeed Editorial Team, 2022). APS should separate itself from its competitors by stressing its dedication to customer service and community participation to support its cost reduction strategy. This can require using a variety of strategies, such as the following

Show More
Related

  • A Brief Note On Texas Update Production And Consumption

    1443 Words  | 6 Pages

    Since Texas is one of the largest producers of wind and solar power, it should encourage the use of renewable energy. If some Texas coal mines and oil drilling were to swap to wind and solar power the overall renewable energy will increase. For instance, “the increase in wind power and the retirement of almost 6,000 megawatts of coal-fired generating capacity, coal-fired power plants supplied 18 percent of state generation in 2021, down from a 36 percent share in 2011.” (U.S. Energy Information Administration, Page 4).5 Due to coal power becoming an outdated energy source, wind power can make a large contribution to the modern world all while being cheaper

    Read More

  • Texas Government Essay

    2443 Words  | 10 Pages

    AS 901526752 Evan Atkisson Texas Government 2306-071 Municipal Government in Texas The role of a mayor in Texas government is critical as they serve as the chief executive officer of a city. The mayor is responsible for the day-to-day operations of the city and oversees all municipal related services - including public safety, sanitation, and transportation. The mayor also serves as the spokesperson for the city and represents the city in local, state, and national limelight. One of the primary responsibilities of a mayor in Texas government is to develop and implement policies that promote economic growth and development within the city. The mayor works closely with city council members and other officials to create initiatives that attract

    Read More

  • Sun City Board Essay

    546 Words  | 3 Pages

    As mentioned previously, Sun City Boards should consider a focused differentiation method, which focuses on a small portion of the market producing superior value items. Porter’s Competitive Strategies measure product price/differentiation and market scope by determining how much of the market a company will compete against based on the location and size of the business, as well as how the company will attract a majority of customers, either by unique products or low prices. Unfortunately, the tool does not address changing conditions, consumer demographics, or other businesses themselves, making it a tool that can only be implemented with

    Read More

  • Pricing and Promotional Strategy

    764 Words  | 4 Pages

    A4.- Pricing Strategy The initial cost strategy to be used will be one of penetration based pricing. Since it is expected to attract a younger audience, it is understood that they have less income, so by offering the product at a lower cost than the competition will help us penetrate the market and achieve significant sales during the first months that the products they go to the market. If this campaign is successful as predicted, it will be observed that production costs will decrease, and we will also have a high inventory turnover.

    Read More

  • Medicare Essay

    461 Words  | 2 Pages

    When it comes to understanding Medicare, it can be a bit overwhelming. From understanding the different parts of the program to knowing when you’re eligible, there’s a lot to take in. It’s important to understand the basics of Medicare so you can make the most of it. Medicare is a health insurance program run by the federal government and it’s available to people who are 65 and older, as well as some people with disabilities, regardless of their income level.

    Read More

  • Department Of Health And Human Services Essay

    753 Words  | 4 Pages

    The Department of Health and Human Services (also known as HHS or DHHS) is the United States government's principal for protecting the health of all Americans providing essential human services, especially for those who are least able to help themselves. According to the health and human services website it states “The department’s mission is to enhance and protect the health and wellbeing of all Americans by providing for effective health and human services and fostering advances in medicine, public health, and social services.” In the introduction of this same website it also states “HHS works to provide better health care, promote scientific research, and protect the nation’s health and social services systems. It also works to improve

    Read More

  • Profession Of Human Services Essay

    652 Words  | 3 Pages

    Let’s examine what the profession of Human Services entails, as well as major organizations in the United States. Human Services is broadly defined, and unique approaching objective of meeting human needs through interdisciplinary knowledge base, focusing on prevention as well as remedies of problems, and maintaining a commitment to improving the overall quality of life of service populations (National Organization for Human Services, 2023). Seen as an evolving profession, Human Service Organizations strive to provide new processes and approaches in order to give the helping professionals enough resources to meet goals with their individual clients. These are some of the most well-known Human Services Organizations in the United States: • National

    Read More

  • Medicare Sociale Essay

    1191 Words  | 5 Pages

    A Comparison of Medicare and Sécurité Sociale: Costs, Quality of Care, And Patient Outcomes The implementation of the bulk-billing system in Australian Medicare has proved effective in ensuring affordable healthcare for all citizens, but with the increasing cost of providing healthcare and the drop in bulk-billing reimbursement rates, it is time for the Australian government to consider implementing a national health insurance policy similar to France’s Sécurité Sociale in order to improve access to healthcare services and reduce financial burden. The provision of universal healthcare is widely regarded as an indispensable public service, with nearly all developed nations having established some variation of universal or subsidized healthcare.

    Read More

  • The Pros And Cons Of Coal And Natural Gas

    754 Words  | 4 Pages

    Despite the challenges associated with coal and natural gas, they remain important sources of energy for the United States. It's up to policymakers, industry leaders, and consumers to weigh the costs and benefits of each energy source and work together to create a sustainable

    Read More

  • Business Strategy Case Study: Chesapeake Energy Company

    921 Words  | 4 Pages

    Today we have a plethora of choices when selecting products we desire, and with the advent of technology we have a diverse selection to fulfill or needs and wants at our fingertips. Corporations are now focusing on the voice of the customer and have either revamped or initiated the use of mission statements, strategic management, to convey to the consumer that they can meet their needs and be satisfied if they should choose them to do business with a company that stands by their operating principles. This week I will look at one winner and a loser in the business world who commits their efforts to delivering on their promise of value and customer and investor satisfaction. Did these firms align their products or services with the environment

    Read More

  • Nonprofit Sport Organizations Essay

    879 Words  | 4 Pages

    This can be a particular challenge in a competitive market where the organization must find ways to differentiate itself from its competitors. Additionally, the organization must manage costs to ensure that the organization is profitable. This includes managing overhead costs, labor costs, material costs, and marketing and advertising

    Read More

  • Public Services And Crime Essay

    1525 Words  | 7 Pages

    Society and public services have an influence on the development of national crime, no matter what the crime is the public will find a way to show they need and demand more security and protection from public services. Policies are likely to change due to the influence of the public and public services, although the policy must go through the government and is seen to be designed to improve citizens, it can be beneficial on everyone and improve the quality of life. As described in the Collins dictionary public service can be health care, transport, removal of waste, not just those but anything that is organised by the government to benefit a particular society or community (Cobuild, Public service definition and meaning: Collins English

    Read More

  • Public Services Research Paper

    394 Words  | 2 Pages

    Public service should be required for all young people. A community’s development and sustenance is achieved through the active participation of its citizens, in the public and private sectors. Since the ultimate goal of the private sector is to make a profit, they often overlook the well-being of the populace and even the environment. Additionally, the private sector does not offer an equal opportunity to every individual citizen who is able to contribute to her/his community’s development.

    Read More

  • Costco Company Essay

    650 Words  | 3 Pages

    Commonly, the company’s membership fees would surpass its total net income. Consequently, Costco’s business would operate on just under a break-even basis globally. This was evident with Costco’s remarkably competitive pricing strategy in comparison to the prices their members would be paying when making purchases at other stores. Additionally, an important aspect of Costco’s business model would be its high volume of sales and quick turnover of inventory, facilitating its sales and receipt of cash for inventory before being required to pay their merchandise vendors – including when vendor payments were made advantageously early, achieving discounted prices.

    Read More

  • Mosaic Strategic Plan

    797 Words  | 4 Pages

    In addition, the strategies are specific to what should be done and could possibly improve the company’s financial position. The implementation of new schemes is commonly described but not conveyed throughout the company as to how the new goals should be executed, each strategic step that establishes the strategic intentions requires the implementation of a generalized yet specific communication system so that the procedures are carried out or reinforced (Johnson, 2002). However, the weaknesses in the essence of this strategic plan are that the strategies to be implemented are insufficient and they do not have a definite time for

    Read More

More about Arizona Public Services Essay

Open Document