I would argue that Wal-Mart’s employment practices are immoral based on different philosophies which are utilitarianism and justice. Utilitarianism seeks the greatest good for the greatest number of people. The “good” here can be referring to “happiness” (Fraedrich, 2013). Based on utilitarianism, Wal-Mart’s ethical standard is immoral as the consequences failed to benefit the employees. Although by underpaying the employees, the stakeholders would gain more profits, however it has resulted in significant unhappiness among the majority of the employees.
As a result, these alternatives may find it difficult to enter the food retailing market as Tesco has created a hurdle for them to do so. Nevertheless, the threat of substitutes for the non-food products, for example apparels, is relatively excessive. It is proven that as the financial downturn triumphs, consumers will be leaning to the cheaper prices. Therefore, Tesco is an intimidation to the specialized stores for these non-food items. Competitive
Techniques to Improve Garment Quality Product manufacturing process is always complicated and it’s more vital point for manufacturer to keep product quality. Because less quality product can’t meet users demand and it is also harmful for company’s goodwill. It is obviously true that if you are a consumer and you may not become pleased by purchasing a defective product. It is obviously true that if you are a consumer and you may not become pleased by purchasing a defective product. It is not always prime factor for manufacturers to gain profit by delivering defective products to consumers.
A lack of good communication and a too liberal role of the Indian development site made it very hard for the headquarters to oversee this project. As Chesbrough & Teece (1996) argued, there is a trade-off between the incentives to take risk and the ability to control and coordinate (as can be seen in Figure 3). The Indians pursued an entrepeneurial role in the system, and did not want to be close to the Munich department. Their incentives to take risk were high, as they could earn well from this project. Siemens failed to maintain sufficient control over the project.
They concluded that low cost strategy is not able to provide sustainability in an organisation in the long term and cannot provide a competitive advantage. They mentioned that this what it does, it causes prices wars in firms. So, they believed that the best strategy is best cost strategy which entails providing the best value for a relative low price. The cost leadership strategy involves producing and selling volumes of standard and no frills products and underprizing everybody(Datta
Unfortunately, there are few disadvantages of the functional organization structure. One of the major drawbacks is that it will cause poor communication and coordination between different functions. Since functional units are not responsible for each other, they may have difficulty in cooperation and inter-departmental conflict situation. They only concerned about their jobs, and ignore the outside world. In addition, because of the standardized mode of operation, the organization may be rigid, not adaptable and flexible enough to fit the dynamic
ShopnSave, targeted to attract customers by providing goods at low prices is facing intense competition with its archrival, Sheng Siong. However, due to rising overheads, Shopnsave is unable to provide the lowest price, losing its competitive advantage to Sheng Shiong. In addition, competition based on variety will be a losing battle for Shopnsave due to its limited variety. In an environment of intense competition and unpredictable demands, ShopnSave is losing competitive advantages due to its inflexibility and ineffectiveness. Its lack of flexibility characterized by its limited range of goods losing its customers to Sheng Siong and its lack of effectiveness characterized by rising overheads and a lack of manpower.
Wrong evaluation of return in CRM: in CRM implementation, return on investment means the evaluation of returns with the costs incurred. Sometimes CRM is regarded as giving poor ROI. But it is wrong to think so. In fact the chance of poor ROI is more in cases when CRM is not adopted. In fact, CRM itself is not responsible for poor ROI but the main causes for this are ignorance of people, lack of motivation among the concerned people, poor implementation, lack of vision in finding good opportunities, inability to use data effectively etc.
One of the disadvantages of premium pricing is making the products more expensive. For this reason, customers do not want and cannot buy the products which makes Diesel to lose its profit. Also, this disadvantage causes the second and worse disadvantage. Making the products more expensive is an opportunity for the competing companies to gain the customers of Diesel. 4) Considering the distribution strategies mentioned in the case study, what might be the outcome if Diesel adopted an intensive distribution method?
Top management commitment is essential for success of BPR. Due to lack of top management commitment BPR adoptions fails. Unrealistic expectations and over reliance on IT also effect to fail the BPR. Communication, organizational resistance, lack of organizational readiness for change, problem related to crating culture for change and lack of training and education are failure factors that that related to change of management systems and culture. Other than that heavily depending on outsiders who effect on BPR and neglecting employees and lack of standard methodology are also affect to failures of BPR