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MGT 498 Week 4 Team Assignment Competitive Advantages Paper Riordan Manufacturing

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MGT 498 Week 4 Team Assignment Competitive Advantages
Paper Riordan Manufacturing
Resources: Virtual Organizations available through the UOP website and Environmental Scan Papers
from last week
Use research from last week’s Individual assignment and your team assignment - to help you with this
assignment
Decide which competitive advantages your new organization may have in common with the
companies researched last week for your individual assignments
What competitive strategies could your organization use for innovation and sustainability of business
operations both in the United States and in the global market.
Competitive Advantage
Competitive Advantage Paper
University of Phoenix
MGT/498
Strategic Management
Competitive Advantage Paper
Riordan Manufacturing Incorporated engages in plastic injection
molding with operations both in the United States and China. As an
industry leader, Riordan is in the process of identifying strategic
factors in the internal and external environment. The goal is to

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develop long-range plans to manage resources as well as the
opportunities and threats present in the environment. Emerging
markets of Asia, some in South America, and in Europe expects to
bring in demand for more products. These markets deeply affected by
lifestyle changes ushered in by the new age of multimedia, economic
growth, industrialization, and growth of personal income will power
the expected growth for plastics and other consumer products.
Competitive Advantages and Strategies
Riordan is a company with business across the globe. Similar to
companies like McDonald’s and The Gap, Riordan receives a great
deal of pressure to maintain technological perks to the customer, treat
the employees well, and support efforts to enforce the protection of
the environment. As a global company, special interest groups
sometimes have a louder voice than the public; these groups will
request, almost demand, the support of the business within the
community. For Riordan to remain competitive the company has been
very supportive of special interest groups to include improved
processes resulting in improved manufacturing processes that reduce
their footprint left on the environment.
Community and Market analysis is based on the global location of the
business, some similarities in strategy exist, but there will be location-
specific points that will require a spin on what is considered normal.
Competitor Analysis will require local and global evaluation.
Competition in the plastics industry will require in-depth analysis to

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Anonymous
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Anonymous
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