Rewrite Example

Essays on Rewrite Essay There is a positive impact of strategic initiative on the sales in that it gives the company a new direction. Let’s suppose there is a company which has a good supply of resources, and thus tries to enhance its production by means of strategic initiative and reduce its costs by using the economies of scale. This alters the company’s competitive status in the market and provides the company with a cost-based benefit. This also has an impact of the company’s sales as they are enhanced by an increasingly competitive cost structure. After a successful cost-based competition, the company keeps acquiring more economies of scale to continue to lower its costs. As a result of thus, the company is not only able to continue increasing its sales but is also able to export its production and thus compete in the international market. Numerous companies all over the world have expanded their business by taking cost-based strategic initiatives in the past. A different kind of strategic initiatives that companies have taken is the development and introduction of an innovative technology unknown in the market before. This puts the company in a position to differentiate between the products of its competitors and its own, which in turn, enhances the company’s sales. Sales of the company increase because of the perception of the customers that the product of the company which has implemented a new technology is better as compared to the product of other companies. Accordingly, the company sells its products for a higher price than the general market rate and hence, increases the profitability of the business. Let’s consider the case of smart phones in the market. If a company makes more advanced smart phones than the ones produced by its competitors in the market, the more advanced smart phones sell more than the others. The additional sales are an outcome of the strategic initiative of use of a more advanced technology. Lik ewise, the strategic initiative of application of the innovative computer technology to the conventional products in the industry causes the sales to increase. Computer-based technology has been used to make such traditional machine tools as drilling machines and lathes more user-friendly and automatic in the past, which has conventionally increased the profitability of businesses in return.