SWOT ANALYSIS Essay Example | Topics and Well Written Essays - 250 words - 1

SWOT ANALYSIS - Essay Example As matter of fact, via SWOT analysis, many process limitations are numerated, but the most useful information aren’t highlighted. Therefore, the management ought to carry extra analysis to determine the best factor to use during evaluation. Competitive advantage ca n be defined as standing a better a better chance to lure customers in non-monopolistic market structure. According to porter (2012), competitive advantage can only be gained by either cost reduction or product differentiation, but not both. Therefore, a strategic value chain analysis can easily identify stages in production either impact positively on differentiation or reduce costs. Customer satisfaction goes hand in hand with profit maximization goal. Perception that a product is of high value by customers not only reduces their bargaining power but also increases their willingness to purchase. Only satisfied customers can be retained. Therefore, success in value chain analysis depends on how well customer needs are addressed. Ovidijus Jurevicius | 25.04.2013. (2013, April 25). Value Chain Analysis | Strategic Management Insight. Retrieved  February  14, 2015, from

Journal Opinion Article Essay Example | Topics and Well Written Essays - 500 words

Journal Opinion Article - Essay Example Energy Information Agency 1). It was evident therefore that the forecasted decline was pinpointed to lesser consumption. The advisory even noted that there was an increase in the electric prices of as much as 2%; which, if the expected milder temperatures would turn out to be unrealized; then, consumers would actually expect a higher average electric rate. It is just interesting to note that only in a country like the U.S. could it be possible to expect a decline in electric bills during summer months. In other Asian countries, for instance, it has been evident that during summer months, consumers are already expecting greater financial stress due to increases in rates of electricity. It is traditionally asserted that â€Å"electric delivery rates do not change in the summer; however, your bill may rise in summer due to higher consumption† (Oncor par. 1). And the sources of potential increases in consumption include: (1) vacation from school puts children at home most of the time during summer and therefore, expect to use more television, personal computers, and other electric gadgets; (2) due to obviously higher temperature than cool months, air-conditioning or other ventilation units are turned on longer; (3) since more people are consuming more on electricity through the noted consumption patterns, the cost of fuel (dependin g on demand and supply) could likewise be affected. As such, although there could be some valid points in the report written by Morath, when the basis of comparison for electric bill rates were the three consecutive summers that were deemed hotter; one is convinced that overall, consumers could still expect some increases in their electric bill due to the reasons enumerated above that could affect consumption usage; in conjunction with the announced 2% increase in the average prices of electricity, as announced. Early announcement of an impending decline might even spur consumption levels to greater heights and consumers might