Intel Question Assignment Example | Topics and Well Written Essays - 750 words

Intel Question - Assignment Example In accordance with Hill et al. (2009) in order for a firm to be considered as having a competitive advantage towards the other firms operating in the same industry it is necessary that ‘its profitability is greater than the average profitability and profit growth of its rivals’ (Hill et al. 6). In the case of Intel, there is no doubt that the firm has achieved to build a competitive advantage in microprocessors – taking into consideration the firm’s position in the particular industry over the years. The factors that helped the firm to build this advantage are related to different parts of the internal and external organizational environment. One of key characteristics of the firm’s strategic policies is flexibility; this characteristic allowed the firm’s managers to develop radical updates of the firm’s practices – without delay, a fact that is considered one of the reasons that led Intel to develop a competitive advantage in mi croprocessors. In the study of Lewis et al. ... Another aspect of the firm’s strategies for achieving a competitive advantage is described in the study of Tallman (2010); the above researcher notes that Intel managed to build a competitive advantage by establishing the center or its activities in Silicon Valley, ‘the worldwide center for the microprocessors industry’ (Tallman 54). In other words, the competitive advantage of the firm has been primarily related to its location. At the next level, it is explained that the firm managed to keep this advantage by establishing manufacturing units in China and India – where the operational costs are extremely low and allow the standardization of the firm’s profitability. Apart from its location, the development by the firm of a competitive advantage seems to be related to other elements/ characteristics of its strategic processes. This issue is highlighted in the study of Argyris (1999); in the specific study emphasis is given on the firm’s abilit y to learn fast – reference is made to the rapid response of the firm towards the ‘technological opportunities that come about’ (Argyris 26). It was in this context that the potentials of the microprocessors industry were early identified by managers in Intel; moreover, measures were taken in order for the firm’s entrance in this market to be developed rapidly – with no delays in replacing the manufacturing technology and techniques used by the firm in the past, i.e. before its involvement in the microprocessors industry. In accordance with the above view, Intel managed to build a competitive advantage not because of the location of its facilities but because of its strategic choices and its ability to

Eng101 Essay Example | Topics and Well Written Essays - 1000 words

Eng101 - Essay Example Habits can lay a strong ground towards success or become the major threats of becoming successful. On the road to success, an individual must continuously monitor his or her behaviours. He or she should realize that success requires hardwork, patience, endeavour, and determination. Without these traits, one becomes dormant and failure in life. Every individual who is successful has formed habits that failures dislike and fails to do. The harvest that human beings reap is measured by the habits and attitudes they cultivate. Habits can be the basis for failure or the basis of success. Although everyone wants to succeed, the ability to fail attracts many people because of the habits formed. Success is important in life in that it is the process of getting from one point of maturity to another. It means achieving or attaining goals. Often, one measures success by the accomplishments of dreams and hopes. Winston Churchill believed that success is a journey from a failure to failure withou t losing focus, determination, motivation, and enthusiasm. Success can only be achieved if one is determined to embrace every challenge that comes the way with the right attitude. Successful people are those that have tried many times to fully succeed in the last chance. Bruce Lee quoted that, one should not go for success but success should look for someone. Bruce encourages people to be themselves and express their feeling effectively. Successful people have faith in themselves and go out looking for success. These people believe that success is not the final journey, but the courage and passion to be successful is what that counts. David Brinkley quoted that, a successful person is the one who can build a strong foundation with the stones and bricks thrown at him. The courage to succeed is what differentiates successful people and failures. Successful people are those that take one idea and utilize it to make profit. These people are dreamers and they work hard to accomplish thei r goals in life. Successful people are not discouraged by obstacles or challenges that come their way, rather their faults and failures are what that make them succeed. The difference between a successful person and others is not lack of knowledge or lack of strength, but lack of will. Success demands one to have a strong will to perform the assigned duties. Having a strong will help an individual to excel even when situations or circumstances demands one to quit or fail. Successful people are not moved by emotions rather they are moved by facts about life. In other words, they are moved by things that enhance a better and fulfilling life. In its simplest terms, success is not so much measured by the position that one has reached or acquired in life as by the challenges and obstacles he has overcome. Overcoming many obstacles and challenges is what measures great success. One should not measure a man’s success by how big or high he climbs but how overcomes the challenges and bounces when he reaches the bottom. The formula for success is rising early to work, working hard, and enduring every challenge of life. Life challenges should be the stepping stone to success. The cost or price of success is hard work and having a strong determination that whether one lose or win, there is another room for being better and accomplish the best in life. It is important to note that, success is not measured by what an individual accomplished, rather by