Question

In: Operations Management

How does target corporations position their products within their industry? Are there any unique characteristics of...

How does target corporations position their products within their industry?


Are there any unique characteristics of this company's internal culture, norms or environment? What are the leadership attributes of this organization? (Answer this about Target corporation as well)


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Expert Solution

Answer:

Target Corporation: This is an American based company in the retail segment. This is among the top 10 largest retail companies in the US nation.

Target corporations position their products within their industry with respect to their strategic planning and feasibility study carried out for their business expansion. They have the process of making the adequate market research and then make the necessary analysis so that they are sure on their feasibility and they can position their product in their planned industry. They do lot of market analysis for their product position so that they get the success and achieve the desired growth for their business. Target corporation make the analysis regarding the customer demand in the market and the competition presence in the target market so that they can analyze the demand and propose their product solution with appropriate position which will hel pin getting good consume response.

Yes, there are unique characteristics of this company's internal culture, norms or environment as it has a strong leadership which drives the business operations in the right direction and provides the appropriate boost to the business and achieves the business objective. They have very positive and ethical working culture which motivates the employee and empower employee to perform better for the organization. They have norms for their employee and all follow the great values which are needed for the business ethical and positive work environment. They focus on environment prevention and they demonstrate high commitment for their environment and implement adequate strategies to protect environment.

The leadership attributes of this organization is that they drive the business operations with strong leadership culture. This strong leadership culture motivates and empowers their employee to perform better and meets the desire outcome for the business. Leadership is the key to drive superior performance in the organization.


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