STRATEGIC OPTIONS AVAILABLE Having analyzed the case it depicts that Kwame tie has already select some strategies angiotensin converting enzyme of which is a growth schema by diversifying from a tie business into a thrust prep atomic number 18 business. There argon other strategical options available to kwame Attah lot . One of the strategic options available to kwame Attah tie is Michael porters beers generic competive schema. Michael porter has suggested three strategies beneath this model with which when one or 2 of them is used basis serve well achieve a competitive advantage in a highly competive environment . The strategies are monetary value leaders, Differntiation strategy, and counsel strategy. Cost leadership According to Michael porter, a immobile fag gain a competive advantage by adopting cost leadership strategy , where the organization can focus on cost reduction and have an efficient intersectionion method . By doing this the organ ization can provide services or product to customers at a low-pitcheder price as compared to that of its competitors. Michael porter indicates that one can achieve a low cost strategy through the use of latest technology, power utilization , economies of scale in production etc.
Linking this strategy to kwame Attah haulage peculiar(a) ,they can adopt this strategy in that , Kwame Attah haulage has suitable space to build a affects and maintenance initiation to repair its fleet . This is an advantage because the cost of repairs of the trucks allow for be minimal as compared to outsourcing other company to that for the organizati on. This means that a pct of the cost of op! eration depart reduce and this will help kwame Attah haulage to adopt the low cost strategy. since Mr. Appah knows how to do the repairs and maimaintenance, he can train some of the drivers on the hypothecate alternatively than recruiting new staff to handle that aspect of operations. Secondly, since kwame Attah haulage has do provision for installation of large diesel tanks which will be adequate to service other...If you want to get a all-inclusive essay, order it on our website: BestEssayCheap.com
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