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It must be in a position to satisfy its customers by providing quality service of affordable prizes, which are the mostly sought out qualities by the market consumers. After achieving these qualities, a company is then in a position to improve its profits by the mode of operation as its gains popularity among its customer. These companies apply OE to gain favour over their rivals. The nature of duty completion and the overall policies applied to improve efficiency and further advance into customer satisfaction (Porter, 40). The nature of OE improves on the product’s overall quality or increasing the rate of production. Strategy in turn, enables differentiation in performance within companies. It means a company is able to perform its functions differently from its competitors but in an advanced way to improve its market position.
The realized differences in performance are majorly determined by the measures the company employs to improve its profits. These may be involved in employing advanced technology in production or hiring experienced skilled personnel in production. There are also efforts to motivate its employees by offering incentives to generate added efforts that would accelerate overall production. These measures are added to implement strategy that promotes continuity and superiority in a company over its competitors that have an impact on its overall growth. The key driving force in strategy is being unique. The company’s ability to undertake functions differently greater than its adversaries dictates enhanced strategy implementation.
Most companies who thrive in the market apply unique strategy measures that favour customer preferences. However, it is essential to constantly achieve the desired modifications and implement new strategies because developing companies have a tendency to imitate the policies of the successful