Competitive positioning strategy and generic recommendations for Essay - 1

Competitive positioning strategy and generic recommendations for management 1042 - Essay Example This is because the Bowman’s strategy close helps companies to identify their unique competitive positioning based on their products or service and the pricing model they want to use with these. In a more practice term, companies are found to gain the best form of advantage with their competitive positioning when they are able to have a tangible competitive positioning action plan. This action plan may be composed of several practical tasks to be performed, including market profiling, customer segments, competitive analysis, among others. The world can now be referred to as a global village for several reasons. One of the most reasons is the fact that businesses can now move very easily from one point to another in attempt to expanding their market presence. But as companies move from one point to the other to do business, it is always important that they will appreciate the fact that there is competition within the places they go, a reason of which they must strategically place themselves in a way that makes them take all needed advantage on the market. Brown (2008) indicated that in any competitive market, the only guarantee for individual companies to succeed is for them to have a competitive advantage that is lasting. But for such an enviable competitive advantage to be developed, it is very important that a company will know what it has within its means and how it is positioned in the larger market that serves as an opportunity for improving its value (Porter, 1996). Baumeister and Leary (2005) noted that customers today are highly enlightened about value creation, a reason for which they would select value as the best force factor for doing business with one company and not the other. This is where competitive positioning becomes an important phenomenon for the companies. This is because competitive positioning has been explained to be the process of identifying a company’s value

Should drilling be permitted in the Arctic National Wildlife Refuge Essay

Should drilling be permitted in the Arctic National Wildlife Refuge - Essay Example This fact proves that our present domestic sources are not sufficient to meet the demands of our country. Considering the present increase in oil prices, the clamor for increase in domestic drilling has spiked the debate on allowing drilling in the Arctic Circle. Politicians have been divided on the issue with each side putting forth valid claims worthy of consideration and perusal. This paper explores the issue of whether or not drilling should be allowed in the Arctic Circle. It shall set forth this student’s position on the issue supported by firm and viable evidence from various researches. In order to lend objectivity to this paper, counter-arguments shall also be put forth, equally backed and supported by researches and relevant evidence. â€Å"The Arctic National Wildlife Reserve (ACWR) is the largest reserve and probably one of the most diverse areas in the National Wildlife Refuge System† (Burns, et.al., 2004). Oil exploration in the area started as early as the 1900s. Some parts of the Arctic Circle were declared as protected areas to safeguard the welfare of the wildlife in the arctic. Several oil explorers sought to drill oil in these protected areas, which prompted President James Carter in the 1970s to sign the Alaska National Interests Lands Conservation Act which effectively declared the area as wilderness, and therefore off limits to oil exploration. This area was designated as Area 1002. The oil drilling debate in the Arctic Circle is a typical battle between environmentalists and cost-effective minded politicians and interest groups. This student opposes oil drilling in the Arctic Circle. Research conducted at the Cornell University, revealed that drilling in the Arctic Circle would result to disastrous environmental consequences that would take years to undo and reverse. â€Å"Because a lot of the drilling would take place during the winter months,