Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Chapter 8, Problem 2DQ
Summary Introduction
To determine: The steps U.S firms have taken to regain a competitive edge in the global marketplace.
Introduction: International trade is an arrangement of activities that plan to trade capital, merchandise, and services between foreign nations over their worldwide outskirts.
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It would be helpful to make a list of problems that now exist and those that could arise in the future for American firms.
See if you can identify the value chain relationships that make the businesses of the following companies related in competitively relevant ways. In particular, you should consider whether there are cross-business opportunities for (a) transferring competitively valuable resources, expertise, technological know-how, and other capabilities, (b) cost sharing where value chain activities can be combined, and/or (c) leveraging use of a well-respected brand name. LO8-1, LO8-2, LO8-3, LO8-4
Bloomin’ Brands
Outback Steakhouse
Carrabba’s Italian Grill
Bonefish Grill (market-fresh fine seafood)
Fleming’s Prime Steakhouse & Wine Bar
L’Oréal
Maybelline, Lancôme, Helena Rubinstein, Kiehl’s, Garner, and Shu Uemura cosmetics
L’Oréal and Soft Sheen/Carson hair care products
Redken, Matrix, L’Oréal Professional, and Kerastase Paris professional hair care and skin care products
Ralph Lauren and Giorgio Armani fragrances
Biotherm skin care products
La Roche–Posay and Vichy Laboratories…
How can an organization effectively identify and leverage untapped elements within its value chain to gain a competitive advantage in the market?
Chapter 8 Solutions
Foundations of Business (MindTap Course List)
Ch. 8.1A - List the major activities in operations...Ch. 8.1A - Prob. 2CCCh. 8.1A - Prob. 3CCCh. 8.3 - Prob. 1CCCh. 8.3 - In terms of focus, magnitude of change, and...Ch. 8.3B - Prob. 1CCCh. 8.3B - Prob. 2CCCh. 8.3B - Prob. 3CCCh. 8.4B - Prob. 1CCCh. 8.4B - Prob. 2CC
Ch. 8.4B - Prob. 3CCCh. 8.5C - Prob. 1CCCh. 8.5C - Prob. 2CCCh. 8.5C - Prob. 3CCCh. 8.5C - Prob. 4CCCh. 8.6E - Prob. 1CCCh. 8.6E - What costs must be balanced and minimized through...Ch. 8.6E - Prob. 3CCCh. 8.6E - Prob. 4CCCh. 8.7C - Prob. 1CCCh. 8.7C - Prob. 2CCCh. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Do certain kinds of firms need to stress...Ch. 8 - Is it really necessary for service firms to engage...Ch. 8 - How are the four areas of operations control...Ch. 8 - Prob. 6DQ
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