StudentShare solutions
Triangle menu
  • Home
  • Subjects
  • Miscellaneous
  • Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains

Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains - Essay Example

Nobody downloaded yet

Extract of sample
Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains

This has given rise to the concept of commodity chain. Different firms with heterogeneous geographical distribution engaged in production activities of a commodity is said to constitute a global commodity chain. This is known as the Global Commodity Chain (GCC) model. (Dicken P., 2003)
According to Hopkins and Wallerstein a commodity chain is defined as “a network of labor and production processes whose end result is a finished commodity”. The process of production of a commodity is of main importance in the commodity chain. The entire process can be thought of being comprised of a network of points where each point is related to its preceding one in terms of procuring raw material, production, distribution and consumption. These interorganaisational points are technically defined as ‘nodes’. The geographical location of the nodes is generally different from one another. This explanation provides an innovative view for explaining the global inequalities in development. The nodes that are located at the periphery of the network are open to more competition than the nodes at the centre. As a result, central nodes are subject to more aggregate wealth than the peripheral nodes. This distribution is augmented by competitive pressures of innovation that flows from the centre to the periphery. It is natural that the core areas will enjoy better support facilities like infrastructure than the peripheral area. (Birch K., April 2006)
The Value Chain Analysis developed by Michael Porter is an important tool in the hands of business managers that help to increase the value of the offering by a firm.. The generic value chain model suggests of breaking the entire set of activities undertaken by a firm into primary activities and support activities. The primary value chain activities include inbound logistics, operations, outbound logistics, marketing and after sales ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Using an extended example critically examine whether the sector matrix Essay”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/363482-using-an-extended-example-critically-examine-whether-the-sector-matrix-framework-gives-a-better-strategic-understanding-of-product-markets-than-the-concepts-of-product-or-commodity-chains
(Using an Extended Example Critically Examine Whether the Sector Matrix Essay)
https://studentshare.net/miscellaneous/363482-using-an-extended-example-critically-examine-whether-the-sector-matrix-framework-gives-a-better-strategic-understanding-of-product-markets-than-the-concepts-of-product-or-commodity-chains.
“Using an Extended Example Critically Examine Whether the Sector Matrix Essay”, n.d. https://studentshare.net/miscellaneous/363482-using-an-extended-example-critically-examine-whether-the-sector-matrix-framework-gives-a-better-strategic-understanding-of-product-markets-than-the-concepts-of-product-or-commodity-chains.
  • Cited: 0 times

Summary

Topic: Using an extended example critically examine whether the ‘sector matrix’ framework gives a better strategic understanding of product markets than the concepts of ‘product’ or ‘commodity’ chains.
The present scenario of globalization has brought an…
Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Critically assess the view that banks in emerging markets weathered the recent financial crisis (2007-09) better than banks h
The whole effort reeked of a big brother helping his younger sibling to learn how to walk by holding his finger. The scenario has, however, undergone a radical transformation with all those big brothers either forced to close their shops or helped to survive through humongous government bail-outs while Chinese banks are going from strength to strength and have become the largest in the world.
4 pages (1000 words) Essay
Understanding product purchase behavior and use
I reached the Super Electronics market in the evening, and it was quite occupied at this time. There were few brand specific shops while some others had all renowned modals and brands of laptops.
2 pages (500 words) Assignment
Sector Matrix Framework
Organization aims to achieve consumer satisfaction along with their primary goal i.e. profitability. This is the reason for development of various frameworks in recent years to analyze the product market and companies competitive advantages. The development of various frameworks for analyzing demand and supply linkage haven given rise to debate about which one of them is more appropriate.
8 pages (2000 words) Essay
Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or comodity chains
The concept of value chain, therefore, greatly increased the understanding of how a firm can be considered as a collection of different processes which must be performed best in order to achieve the competitive advantage. The chain concept has
8 pages (2000 words) Essay
Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains
of economics such as transaction theories attempted to define behaviors such as outsourcing as a result of the cost benefit analysis but failed to clearly appreciate the linkages or chain such strategic decisions create within the economy. Some of the initiatives such as
8 pages (2000 words) Essay
Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts o
The sector matrix is a critical aspect to assist the management business model style in accessing the particular skills. Thus, the designed functional organizational
8 pages (2000 words) Essay
Using an extended example critically discuss the view that a sector matrix gives a better strategic understanding of product markets than the concepts of product or commodity chains
The essay below therefore analyses the features of sector matrix that improves its effectiveness in understanding the market. Furthermore,
8 pages (2000 words) Essay
3.Using an extended example critically discuss the view that a sector matrix gives a better strategic understanding of product markets than the concepts of product or commodity chains
These are; global commodities chain, the value chain, and the sector matrix theory (Haslam, Neale & Johal, 2000). These frameworks are important in the analysis
8 pages (2000 words) Essay
3.Using an extended example critically discuss the view that a sector matrix gives a better strategic understanding of product markets than the concepts of product or commodity chains
The two most popular models of analysing trends in the business environment are commodity chain analysis and sector matrix analysis. Due
8 pages (2000 words) Essay
Using an extended example critically discuss the view that a sector matrix gives a better strategic understanding of product markets than the concepts of product or commodity chains
The sector matrix often helps understand complex business activities and gives the organization a picture of how the market is looking. It is an incorporation of the Potter’s value chain as well as the commodity chain (Carbaugh, 2013). The sector matrix has the full
8 pages (2000 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Using an extended example critically examine whether the sector matrix framework gives a better strategic understanding of product markets than the concepts of product or commodity chains for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us