OP321 Assignment: Week#11 Haier case study Date: Nov7‚2014 1. What was their competitive strategy& order winner? Product innovation is Haier’s competitive advantage‚ which combined with supply chain innovation. Based on different customer’s lifestyle‚ Haier focus on product differentiation‚ which produced hundreds of unique products across Haier’s strategic model with low-end‚ value‚ and high-end brands. Such competitive advantage is created by supply chain innovation. Haier cooperate with suppliers
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Introduction to the Haier Group Haier was established in 1984 in Qingdao China which is the world’s fourth largest white goods manufacturer . Now There are more than 6 million employs in the worldwide. Haier set up a 29 in the global manufacturing base‚ eight comprehensive research development centers and 19 overseas trading companies. Haier CEO Zhang established under the guidance of brand strategy‚ has the implementation of brand strategy and diversification strategy and internationalization
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Haier CEO -‐-‐-‐ Ruimin Zhang Shen Si F35122015-‐7 Ruimin Zhang was born in Shandong Province on 1949 and Received an MBA from the University of Science and Technology of China in 1995. Now he is the CEO of Haier Group. Haier‚ established as a refrigerator factory in Qingdao in 1920
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Tactical plan Product: In order to meet these changes‚ McDonald’s has introduced new products and phased out old ones‚ and will continue to do so‚ diversified product range focussing more on the vegetarian products. Price: customer’s perception of value is an important determinant of the price charged. The danger of using low price as a marketing tool is that the customer may feel that quality is being compromised. Promotion: Advertising is conducted on TV‚ radio‚ in cinema‚ online‚ using poster
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COMPLETED AND ATTACHED TO ALL ASSESSED WORK. Student Number: 1251849 Candidate Number: 52875 Student Name: Bolun Chen University of Bristol Email Address: bc12528@my.bristol.ac.uk Programme of study: Economics and Management Unit Title: International Business Management Unit Tutor: Dr. Joseph Amankwah-Amoah I hereby confirm that this work is entirely my own. I understand what plagiarism is and accept and understand the penalties for plagiarism. I also confirm that I have successfully completed
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| Management Basics | * * Management - Introduction * Management as a Process * Management as an Activity * Management as a Discipline * Management as a Group * Management as a Science * Management as an Art * Management as a Profession * Features of Management * ------------------------------------------------- Levels of Management * Objectives of Management * Importance of Management * Management and Administration * Functions of Management * Co-ordination
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The term “Levels of Management’ refers to a line of demarcation between various managerial positions in an organization. The number of levels in management increases when the size of the business and work force increases and vice versa. The level of management determines a chain of command‚ the amount of authority & status enjoyed by any managerial position. The levels of management can be classified in three broad categories: - 1. Top level / Administrative level 2. Middle level / Executory
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Haier Haier is a very successful white good company in China. The company turned the disadvantages and then became the Number one brand in China. Haier played first mover in the Chinese market‚ and played Niche in the international market(Appendix 1). In the Chinese market‚ Haier differentiate themselves by increasing the price and producing great quality products for their customers. When the company started to garneted revenues from the refrigerator product‚ company began to produce more product
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History The Haier Group was founded in 1984 as a Chinese government-owned business that produced mainly household refrigerators. Encouraged by the government‚ Haier set their sites on becoming an international brand. Haier’s executives believed that the strong brand recognition that was created domestically could be extending into the Western market by creating and introducing products for the niche consumers and then expand into larger markets. “Globally‚ Haier had gained first place in the
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Chapter 1 Management control: an overview Introduction T his first chapter introduces management control‚ providing an overview of its fundamental objectives‚ components‚ concepts and tools. Its aim is to elucidate the general anatomy of this management approach so that the reader will be able to understand the links between the various topics that are dealt with in subsequent chapters of the book. Management control will be defined progressively. In the first section we will deliberately
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