Strategy- the question below Essay Example | Topics and Well Written Essays - 500 words

Strategy- the question below - Essay Example expected to rise gradually and record a steady flow of revenue, the economy is going to recover, and consumers are going to have more disposable income available for purchasing both premium and private label brands. This will enhance the average transaction sizes for grocery stores and supermarkets. According to Quelch, the Supermarkets and Grocery Stores Industry, which is in the mature stage of its life cycle, will be in the next couple years preceding 2019.The supermarkets and grocery industry contribution to the GDP of the economy is predicted to remain flat. An industry’s contribution to the economy is measured by the industry’s value added or simply (IVA).However, the country’s GDP is expected to rise to an estimated average level of 2.5% annually despite the fall in the growth of the supermarket industry. According to Korda, 2012, an industry is terms as declining when its growth falls below the GDP’s annual growth level. This should however not ala rm you because supermarkets and groceries have in the past-recorded low profit margins leading to a lowering of the whole’s industry contribution to the economy. Other factors contributing to the industry’s slow growth include the intense competition in the food retailing industry which cays a reduction in the profit margins of the retail stores. The introduction of new entrants to the industry (Edli and Aldi) are bound to result in lower profit margins for our company in the future if necessary measures are not taken like adopting a cost advantage strategy. There are a number of reasons why the supermarket should adopt the cost advantage strategy. Berinstein, 2003, argues that a firm pursuing a cost-leadership strategy attempts to gain a competitive advantage primarily by reducing its economic costs below its competitors. Wm Supermarket is a big supermarket. It therefore has the advantage of economies of scale. The supermarket has a very high level of production and is therefore able to buy and use

Response Paper Essay Example | Topics and Well Written Essays - 250 words - 4

Response Paper - Essay Example The eye determines what it should see depending on the prevailing circumstances. A photographer has to ensure that the environment is conducive in order to take a high quality picture. It is true that some backgrounds such as metal work, jewelry, and precious stones have a big impact on the gaze of people (2). In order for people to have a good gaze, they need to wear unique clothes and ornaments that can easily attract the eyes. The mobility of the camera makes viewpoint clear on film and television. In modern days, there are big and sophisticated cameras that can take view from any angle. The sophisticated cameras ensure that images are viewed very clearly and allow easy capture of objects (4). Mirrors played a big role in the design of cameras; mirrors reflect gazes and eyes of individuals who are looking at them. The continuous change in technology has transformed the world of gaze and surveillance. In modern days, there are more powerful cameras that take both still images and videos in an easy way. Cameras have been imbedded in phones, meaning that any person can take pictures without necessarily having photographic