Analysis Of Porter s Generic Competitive Strategy

The strategic competitive advantages are available for this organic companies and are depicted by Porter’s Generic Competitive Strategies. These strategies portray that a company can achieve standard sustainable competitive advantages in any of the three essential ways. Organic Monitor or the quality checkers will outline the applications of these in organic food production industry. Cost strategies: Green Org Company acquires competitive advantage through a cost based leadership strategy. This strategy is usually expanded by the companies which are available to gain economies of in production and marketing the products. these companies purchase raw materials in huge quantities and they produce the organic products out of it on a small scale productions. In this way they are successful in marketing the organic food products at the minimal prices. Cost is the important strategy by which the quality is prevailed. The cost of the product always lies in the total investment which is made by the producers to achieve organic product. Based on expenditure spent for a product cost would be decided and it would be bought to the market. Product differentiation: Product differentiation is a vital step in the competitive advantages. The quality and the product variation improve the sales of a particular product. Growth Plan: Growth plan of a product depends upon the management, the more quality they assure the product would be on sale and lead to huge benefits. The growth plan needsShow MoreRelatedPorters Generic Strategies1412 Words   |  6 PagesPorter s Generic Strategies If the primary determinant of a firm s profitability is the attractiveness of the industry in which it operates, an important secondary determinant is its position within that industry. Even though an industry may have below-average profitability, a firm that is optimally positioned can generate superior returns. 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