Research Proposal on "Rival Products Case Analysis"

Research Proposal 5 pages (1353 words) Sources: 1+ Style: MLA

[EXCERPT] . . . .

Rival Products Case Analysis

The Rival Products Company is one of the most reputable players within the market of small kitchen appliances. The company has manifested an increased ability to understand and respond to market demands and proof of this ability stands the great success registered by the organization. The aim of this report is to look at the company's line of steamers -- there are two such products: models CKRVSTLM20 and FSD201 (Rival Products Company Website, 2009) and link the strategies implemented relative to them with several features in the environment.

Strategic Planning in the Environmental Context

Rival Products possesses a highly skilled and capable marketing team, which has been able to identify and integrate new market features within the company's product offering. Two of the most relevant examples in this sense are succinctly revealed below:

(1) the contemporaneous society is currently battling obesity as the source of countless health conditions, the most important of them being cardio-vascular diseases, the number one cause of deaths across the globe. A main generator of these problems is the food we eat and the means in which we cook it, referring generally to frying and deep frying cooking procedures. The Rival Products Company has identified the need to address this problem and has developed its line of steamers as a healthy and tasty alternative to frying foods. Additionally, it serves another need relative to healthy eating, that of best preserving the vitamins and minerals in aliments, components which are often lost in the boiling process -- the common alternative to frying.


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/>(2) the second feature of the environment is that the populations seldom possess the time required for the cooking of a healthy and tasty meal. In order to satisfy this need of rapidity in the kitchen, the Rival food steamers incorporate technologies which help them prepare food in half the time it would require for the aliments to cook using traditional methods. Furthermore, both steamers have been equipped with a 60 minute timer and are easy to use and clean, further easing the task of the cook.

Given this adequate understanding of the environment, the Rival Products Company was able to identify, target and form the most productive customer base. In terms of corporate strategy, this has focused extensively on the study of the products and services the competition had to offer. The results translated in that, from an overall strategic standpoint, the attention to customers was enhanced by sustained efforts in overcoming the offer presented by the competition. This included numerous elements, such as market researches or technological improvements. Aside from customers and competition, the corporate strategy is also focused on the shareholders, in the meaning that the organization strives to generate as much value as possible and fruitfully and profitably use the received equity into more money. A final point on the overall corporate strategic plan is the attention played to the least obvious categories of stakeholders, such as purveyors or nongovernmental not-for-profit organizations. Emphasis has been placed on supplier diversity and corporate social responsibility. This helped not only with the corporate efforts, but also supported marketing endeavors.

Last, from a business strategic standpoint, these efforts have been generically focused on improving the internal features of the organization. Probably the most relevant example in this sense has been the development of the infrastructure, the attention paid to resource allocation -- capitals, commodities, technologies and human resources -- the emphasis placed on the training and motivation of the organizational staff members and so on.

3. Objectives and Scope

Generally, the scope and objectives of an economic entity are often perceived as one and the same thing. In the case of Rival however, it has to be noted that they differ based on the angle from which one looks at the entity. On the one hand, Rival is perceived as an independent organization which manufactures and sells its own products. From this standpoint, its objectives are those of satisfying the needs of its customers through the offering of high quality products and services. Additional objectives include the… READ MORE

Quoted Instructions for "Rival Products Case Analysis" Assignment:

Basic instructions: PAPER SHOULD NOT EXCEED 5 PAGES WHEN PRINTED (citation pages not included in count)

1.This paper should represent your own analysis and conclusions based on a clearly delineated set of

issues derived from the assigned text chapter materials (I will provide you with my electronic text)

2.The typical term paper consisting of quotations and reference materials strung together to make your points will not be acceptable for this assignment.

3.Format your paper as a *****single-spaced***** document, with a minimum of 1***** margins all around.

General Case Description:

Using a product or brand chosen from the product portfolio of the Rival products company as your example,

research and document your best analysis of the ways in which this company has clearly managed to fuse

strategic planning and an acute awareness of its environment into its Corporate, Business Level, and Marketing

strategies. Then extend that analysis into how they have used their corporate scope and objectives to create a

*****sustainable competitive advantage***** in their markets. What type(s) of growth strategies have they employed

(annotate your examples). Finally, show how the strategies you have discovered fit into a coherent pattern.

What errors in strategic planning may have led to some recent changes in this company*****s fortunes?

Discuss this in the context of decisions the company is probably making today.

Structure of the paper:

This paper has more specific focus than the first one you completed for this class. This assignment will require you to first set up an outline of the topics you expect to cover, then research the details and fit them into your analysis. The typical term paper consisting of quotations and reference materials strung together to make your points will not be acceptable for this assignment. The company history is commonly known, and has no point value in the retelling.

The best way to achieve top quality in the final product will be to start with a focused outline, and proceed through several drafts, condensing and

clarifying as you revise the paper. A useful way to come up with your outline is to follow the outline of the chapters closely, and try to find information on the various strategic issues covered therein. The *****Strategic Issue***** notes in the margins can give you a rudimentary checklist from which to begin your analysis. Chapter 4, for example, has 15 such notes embedded in the left margin of the text. Obviously, not all 15 points are directly pertinent to this case analysis. The choice of strategic issues is up to you. From chapter 4, Exhibits 4.7, 4.8, 4.13, may provide useful organizing frameworks for your initial discussion. Once you have *****set up***** the strategic fit issues using the materials of Chapter 4, the major analytical task of the paper will be to integrate supporting details using the frameworks of Chapters 6 and 7. How is this company different from their principal competitors?

I am looking for in the paper is a mature and sophisticated use of the relevant concepts that are covered in the assigned text chapters (1 through 8, with the major emphasis on the last 4 chapters). The paper should be divided into proper outline style with headings and paragraph structure appropriate for a professional business presentation.

I will provide you with more detailed instructions in the email. *****

How to Reference "Rival Products Case Analysis" Research Proposal in a Bibliography

Rival Products Case Analysis.” A1-TermPaper.com, 2009, https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480. Accessed 5 Oct 2024.

Rival Products Case Analysis (2009). Retrieved from https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480
A1-TermPaper.com. (2009). Rival Products Case Analysis. [online] Available at: https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480 [Accessed 5 Oct, 2024].
”Rival Products Case Analysis” 2009. A1-TermPaper.com. https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480.
”Rival Products Case Analysis” A1-TermPaper.com, Last modified 2024. https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480.
[1] ”Rival Products Case Analysis”, A1-TermPaper.com, 2009. [Online]. Available: https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480. [Accessed: 5-Oct-2024].
1. Rival Products Case Analysis [Internet]. A1-TermPaper.com. 2009 [cited 5 October 2024]. Available from: https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480
1. Rival Products Case Analysis. A1-TermPaper.com. https://www.a1-termpaper.com/topics/essay/rival-products-case-analysis/6287480. Published 2009. Accessed October 5, 2024.

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