Thursday, 25 April 2019
Critical Note Case Study Example | Topics and Well Written Essays - 250 words
Critical bring up - Case Study ExampleHedley gets the wrong end of a chicken/egg argument. He seems to hint that a properly managed portfolio would not have allowed British motorcycle share to have fallen so significantly, and that, if only someone had valued food food market share, the demise of the industry would not have occurred. This argument, however, discounts the overriding market forces that would have debilitated the motorcycle industry in any event. It was not a lack of market share that caused British costs to remain stubbornly high, but wages, lack of natural resources, and the overall lour of British manufacturing (Turnbull et. al. 1992). Not a single motorcycle or automotive company has effectively navigated the dismal waters of British cost and regulation without being bought out or constructed off-shore (Turnbull et. al. 1992), so arguing that happy portfolio management could have stopped this disaster is untrue. Portfolio management is surely important, but t his example describes it more as a panacea, which is a bad way to think about it.Turnbull, P., Oliver, N., & Wilkinson, B. (1992). Buyersupplier relations in the UKautomotive industry Strategic implications of the Japanese manufacturing model. Strategic Management Journal, 13(2),
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