Description

Assignment Details

You have read about achieving competitive dimensions through three primary operations strategies: Differentiation (better), cost leadership (low-price), and response (faster). These strategies are impacted by many different approaches and functions across the business, including the following:

• Product
• Quality
• Process
• Location
• Layout
• Human resources
• Supply chain
• Inventory
• Scheduling
• Maintenance

For this week’s Individual Project, select 1 of these pairs:

• IKEA vs. Haverty’s Furniture
• Toyota vs. Porsche
• Zales vs. Tiffany & Co.

Research both companies in the pair you selected. Then, in a 3–5-page paper, answer the following:

• Which of the three strategies (differentiation, cost leadership, or response) do you feel each company is using? Provide examples to support your decision.
• Do you feel one or both of the companies are successful? Explain why they are or are not successful.
• Provide an example of what you feel each company could do better.
• Is the strategy that each of the companies you researched is using the best strategy for them? Why or why not?

You must use at least 2 references.