Examine and discuss competitive strategies that manufacturers can use to gain competitive advantage.

The purpose of this assignment is to help students understand how manufacturing and service companies can maximize their competitive advantage. The Porter Model is discussed as a method to categorize and assess businesses and industries.

Assignment Steps

Write a 1,050-word report in which you address the following:

• Examine and discuss competitive strategies that manufacturers can use to gain competitive advantage.
• Appraise costing and financial strategies for manufacturing and service companies.
• Identify value chain strategies for both manufacturing and service companies.
• Discuss (Porter’s Model) and categorize (NAICS) the industry of a company the Learning Team selects.

This is the only part I have to Write 1-2 paragraphs on bullet #2 “Appraise costing and financial strategies for manufacturing and service companies. About 200 words per paragraph.

The group decide on writing ,As for choices of manufacturing and service company choices, how about Toyota for manufacturing and maybe Starbucks for service industry? There should be plenty of information available for those.