international market remain as strategic problems that IIAC must deal with. Also, IIAC could benefit from extending its business to find other sources of revenue, in preparation for unexpected circumstances or changes in environment, such as economic slowdown. In regards to these problems, we have come up with two main strategies – growth and diversification.
A. Growth Strategies (Hub Ai
to say that the company had started to apply epoch-making international business strategy.
As we have seen, INI Steel has grown up on the basis of domestic market. Does INI Steel have to continue its growth strategy? By analyzing both local and overseas market, we are going to answer the question and recommend some strategies for the firm’s progress, on a short-term and a long-term basis.
Diversification of business
Logistics
Total Quality Management
Improve the quality of products and processes
Meet customer expectations, improve customer experience
Six Sigma
customer-centricity
Use of six sigma reduces
Defects, variation, errors in the ordering processes, inventory record accuracy
Inventory management
Drop-shipment
Advantages to Retailers:
No inventory cost
diversification of a firm that was desperate for flexibility and autonomy. It was not until early 2010 though that the firm carried out large scale reorganization with emphasis on “growth, consumers and technology” . Three major changes occurred in the steel giant’s internal structure: the establishment of the ‘Growth investment division’, the integration of marketing and production div
Diversification
The company's diversified business operations in domestic and international markets facilitate it to service wider customer base.
BLMN offers a diverse portfolio of restaurant concepts to cater its customer's needs.
The company operates its business under five restaurant concepts, Each of these concepts offers different dining experiences to the customers.