StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Analyse the competitiveness of Danish manufacturing - Coursework Example

Cite this document
Summary
In that case, countries like Denmark and most of the European countries have also followed suit. Cluster based strategies, are the core motivators not only in industrial system but also in the linking of…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Analyse the competitiveness of Danish manufacturing
Read Text Preview

Extract of sample "Analyse the competitiveness of Danish manufacturing"

Competitiveness of Danish manufacturing Competitiveness of Danish manufacturing The whole world currently is changing frompolitical focus to innovations. In that case, countries like Denmark and most of the European countries have also followed suit. Cluster based strategies, are the core motivators not only in industrial system but also in the linking of both the science and regional policy at the European level. In Danish, manufacturing industries have been noted to share economy. However, their manufacturing significance shares a central statistical evaluation from the national account (Daugherty, 2009.p.25).

However, the drawbacks here according to research is that regardless of what is measured by production, total employment and value added, the manufacturing industry have portrayed a declining importance. Cluster is taken positively by the Danish, since it is termed as a competitive advantage of nations. Here, Clusters got a prominent role due to the theory of competitive advantage of nations first witnessed in the year 1990. With its strategy, that involves a geographical interconnection of companies, service providers and specialized suppliers and organizations in industries that are related and associated it can be noted that clustering strategy have made the country to move at per, with other European countries in terms of production(Daugherty, 2009.p.75).

Clustering channel is better explained by the following diagram. Danish’s chemical industryThe industrial production is divided into hundred main components. The first one, accounts for the highest output in the country, and that was in the year 2011 which accounted for 74 percent. While, mineral fuel accounts for sixteen percent while all the mechanicals, boilers and machinery accounts for almost ten percent (Daugherty, 2009.p.102). They all cluster to give out a whole 100%.ElectricalThe comparison of 2000 and 2011 years, illustrates that the country faced subsidized electrical production equipment.

From the manufacturing side to the purchasing side, the clustering in production of this equipment was studied as deeming. This is why; the whole Denmark affirms that the electrical part portrayed a downing advantage (Hadjilambrinos, 2000.p.36). ReferencesDanish industry in facts and figures. (1970). Copenhagen: Federation of Danish Industries.Daugherty, W. T. (1931). Chemical industries and trade of Norway and Denmark. Washington: U.S. G.P.O..Hadjilambrinos, C. (2000). Understanding technology choice in electricity industries: a comparative study of France and Denmark.

Energy Policy, 28(15), 1111-1126.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analyse the competitiveness of Danish manufacturing Coursework - 1”, n.d.)
Retrieved from https://studentshare.org/business/1645741-analyse-the-competitiveness-of-danish-manufacturing
(Analyse the Competitiveness of Danish Manufacturing Coursework - 1)
https://studentshare.org/business/1645741-analyse-the-competitiveness-of-danish-manufacturing.
“Analyse the Competitiveness of Danish Manufacturing Coursework - 1”, n.d. https://studentshare.org/business/1645741-analyse-the-competitiveness-of-danish-manufacturing.
  • Cited: 0 times

CHECK THESE SAMPLES OF Analyse the competitiveness of Danish manufacturing

Business Systems in China and Japan

Japan's crisis began with the increase in oil prices that had a considerable effect on the Japan's critical manufacturing industries.... Japan was quick to notice this trend and instead, changed its development and growth strategies from manufacturing based industries to production based on knowledge i.... The service industry accounts for about 65% of employees in Japan whereas the same is only but 26% in China, indicating that China is more dependent on manufacturing industry than the service industry....
11 Pages (2750 words) Essay

Business Strategy and Environment Analysis of Honda

For example, there is a strict restriction on the import and export of raw materials used for automobile manufacturing.... Honda Environment Analysis Table of Contents Table of Contents 2 PESTEL Analysis 3 Porter's 5 Force Analysis 4 SWOT Analysis 5 VRIN Analysis 5 Value Chain Analysis 6 References 8 References 14 PESTEL Analysis Pestle analysis is a strategic management tool which is used to evaluate the external business environment of a country (Botten, 2007; Graham, 2008; Smith and Raspin, 2011)....
8 Pages (2000 words) Essay

Japanese Economy and Management

Some academics have spoken favourably of the incidents of such a takeover as Graham (1988) notes that 'just-in-time' production is an "innovative paradigm for manufacturing control".... The previous decades have seen a radical modification in the manufacturing techniques through the interaction and intersection of Western and Japanese techniques.... his gave them a chance to transfer their highly competitive manufacturing processes and management techniques to the United Kingdom's production culture and a unique permeation of their specialities like Just-in-Time to their production culture....
8 Pages (2000 words) Essay

International Business Policy: China as an Investment Destination

Prior to reforms the Chinese maintained an overvalued currency but with expansion in foreign trade IMF estimates that the Chinese currency lost about 70 percent of its value against the dollar in real terms over the period from 1980 and 1995, substantially enhancing the international competitiveness of China-based export operations.... They already have a trading presence in China through a wholly owned subsidiary Northwest Trading, the next logical step should be to set up a manufacturing unit in one of their special economic zones and make it another exporting hub taking advantage of their labour and currency factors....
9 Pages (2250 words) Essay

Statistics for Quality Management

There are certain functions which are required to initiate and associated with the accounting and The main perspective of this assignment is to analyse the issue initiated in the study related to accounting and its related software.... Dragon Oil is a private individual company and considered as the well recognized individual in the exploration of oil and gas along with manufacturing activities across the globe....
8 Pages (2000 words) Coursework

Chinas Competitiveness and Manufacturing Socioeconomic Outcomes

Inexpensive labor and liberated policies are among This manuscript mulls over these aspects while considering the socio-economic outcomes of manufacturing in China.... Various manufacturing firms have received priority in this aspect, thereby creating a suitable environment for manufacturers.... Survey shows that China has cheap literate labor as compared to other competing Asian nations such as India, thus making it a choice destination for foreign investors in manufacturing (Liang et al....
5 Pages (1250 words) Essay

The Development of the Buyer/Supplier Relationship

If the right materials are not being delivered in time, a manufacturing unit can come to a complete halt.... In the paper “The Development of the Buyer/Supplier Relationship” the author focuses on strategic benchmarking towards supplier development.... With a large number of suppliers to deal with, it will not be feasible for buyers to have a partnership relationship with each other....
12 Pages (3000 words) Dissertation

Fundamentals of Performance Measurement Systems and Ghana Commercial Bank

The reporter states that the performance measurement system is a system by which a company manages its performance, in line with its objectives and strategies.... Moreover, It can play an important role in focusing people and resources on particular aspects of a business”.... hellip; The five main reasons that performance measurement systems are put into place are that organizational performance must be monitored; areas that need attention must be identified; motivation must be enhanced and accountability needs to be strengthened (Waggoner et al....
20 Pages (5000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us