Sunday, September 22, 2019
Riordan Essay Example | Topics and Well Written Essays - 750 words
Riordan - Essay Example In the case of Riordan Manufacturing, diversity is important since it will ensure that the firm creates a positive image on the eyes of the public as well governments (Douglas, 2007). In this way, it will benefit from the support of all the stakeholders. Fostering of ethical culture is another aspect that will significantly impact on RM. For example, the company management team will foster ethics that ensures ethical collaboration that entails holding themselves as well as other accountable. Similarly, the company will start executing its own resolutions to the problems they are facing. In this way, the sense of responsibility will be enacted in the firm thus enhancing the level of motivation among the employees. Through the expansion strategies that the Riordan Manufacturing will adopt, the firm will effectively reach its customers. This implies that the customers will not waste a lot of time travelling long distances to look for their brands. As a result, RM will benefit from strong positive customer brand relationship. The measurement helps in ensuring competitive advantage in various ways. Based on the stiff competition in the Northern America, it is imperative that companies come up with ways of addressing the competition. On the part of Riordan Manufacturing, reduction of lead times for example through the use of freight for small shipments and establishing outlets near the customers will ensure that the firm faces its competitors effectively. Additionally, by improving the transportation strategies, the business will eliminate the delays that are experienced by other customers who are loyal to the competitors. In this way, the company will enjoy strong positive relationship with its customers. Based on the fact that Riordan Manufacturing aims at entering Hermosillo, Mexico the company will employ new employees with a different racial background. This means that
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