Tools such as “Competitive Advantage” and “Value Chain Analysis” (Essay Sample)

“Analyse how food and beverage outlets can use tools such as “Competitive Advantage” and “Value Chain Analysis” to ensure they meet their strategic objectives”
Author’s Name
Institutional Affiliation
Course Number
Instructor Name
Due Date
Table of Contents TOC \o "1-3" \h \z \u
Introduction PAGEREF _Toc36619519 \h 4
Value Chain study’s importance and advantage of Competitive environment from the perspective of beverage and food PAGEREF _Toc36619520 \h 4
Observing the competitiveness of beverage and food firm of Sydney PAGEREF _Toc36619521 \h 6
Illustrating the facts under the shade of bars and deluxe food areas in Australia PAGEREF _Toc36619522 \h 7
Observing the outcomes of a usage of menu engineering by beverage and food chains PAGEREF _Toc36619523 \h 8
Conclusion PAGEREF _Toc36619524 \h 8
References PAGEREF _Toc36619525 \h 9
“Analyse how food and beverage outlets can use tools such as “Competitive Advantage” and “Value Chain Analysis” to ensure they meet their strategic objectives”
Introduction
It is observed that industries related to food and beverages are too cautious and careful about their services and delivery of products on time as compared to the previous years. Nowadays in almost many countries and cities, it is demanded to value chain analysis theories categorically and acknowledge the benefits of a competitive environment to ensure the strategic objectives. The main purpose of this research is to focus on the food and beverage industries of Sydney in light of the interactive aspect of all-inclusive food and beverage outlets of Australia.
Value Chain Study’s Importance and Advantage of Competitive Environment from the Perspective of Beverage and Food Industry
The objective of value chain study and competitive advantage is to provide aid to companies regarding a gain of profits in any particular market. The Existence of most of the industries nowadays is encouraged by these factors. These attributes are proved useful in refining the brand equity. Competitive advantage relates to defining the attributes which have a link to the product or services provided by any organization. Although, a research study defining the advantages of a competitive environment mainly focuses on the factors of any other firms from a similar sector (Leonidou et al., 2013).