3.Using an extended example critically discuss the view that a sector Essay - 1

3.Using an extended example critically discuss the view that a sector matrix gives a better strategic understanding of product markets than the concepts of product or commodity chains - Essay Example Some have limiting capabilities while one or two may be considered appropriate for a specific industry. Such is the case of sector matrix framework. It is perceived that this analysis tool gives a better strategic understanding of product market than global commodity chain, and value chain (Haslam, Neale & Johal, 2000). The aim of this essay is to critically analyze whether sector matrix framework is better in strategic understanding of product markets than the concept of commodity chains. Sector matrix has been proved to be most appropriate for analysis of markets especially considering demand and supply. It incorporates ideas from both commodity chain, and Porter’s value chain. Sector matrix is a framework with the capability of working with far much complex products and processes, unlike commodity chains and value chains. For strategic reasons, it is important to know the market demand of a product. Information about demand guides production considering consumer tastes, level of demand, and so on. Different industries and firms have different operations, production systems, and different sectors involved for the final product to be out in the market. These differences determine the level of complexity in a product market, hence the type of analysis tool to understand it better (Haslam, Neale & Johal, 2000). This essay shows why value chain and commodity chain frameworks, cannot be used in a complex industry like the automobile industry, and provide valid rea sons for sector matrix preference instead. The automobile industry is characterised by complex distribution channels, complex products, and high commodity price (Haaslam, Neale & Johal, 2000). This framework is established on the idea that every firm is a collection of activities that are performed to produce, design, deliver, market, and support its products. Within this chain of activities, each firm has to have a successful generic strategy which it

Safety Training Program Assignment Example | Topics and Well Written Essays - 1500 words

Safety Training Program - Assignment Example The goals will be to educate workers on handling procedures; hazards associated with chemicals, how to read safety, and were they are stored. The Hazard Communication Act or Hazcom was developed after The Right-To-Know Act of 1986. Its goals are to boost employee awareness, evaluate job safety, design safe work procedures, assign personal protective equipment where needed. Employees need to know about this activity so they will not be afraid to speak up and ask questions about their working conditions (Lang 2010). After internship experiences from questions that I asked from employees that worked out in energy plants, I began to realize a lack of training on knowledge of safety for working around chemicals, handling chemicals, and the storage of chemicals. Training is one of the best methods because it gives the employee the knowledge needed to understand the subject. It can also give examples of what can go wrong if they are not handled properly. This will give a great picture of what is expected of them. The employees of any work location that handles any kind of chemicals in their daily work setting. It can even be someone that works with them every day or someone that only handles them once a week. The employees that do not handle any chemicals should have training on the subject as well so they are a clear understanding of safety as well. The delivery I would like to give would be in a multitude of ways. Like classroom time with PowerPoint slides, visual pictures of what can go wrong, in the field training, and some testing to see if the employees were getting the material.