Module 4: Workers Compensations and Risk

Module 4: Workers Compensations and Risk

Competitiveness of Salt International currently

Salt international stands at an extremely competitive position currently. A market analysis of the organization laying emphasis on aspects such as profitability, market size, and trend, it is proven that the organization stands at a very strong position from a marketing viewpoint (Muensriphu et.al, 2010).

Sustained profitability by Salt International in the coming four to five years

The organization has set up itself over the past 3 years and is presently experiencing an extremely positive share of market in the sector. Its monetary status provides it an extremely strong performance. Barring any major challenges or catastrophe for the organization, it is evident the organization is expected to maintain their rapid progress in the coming four to five years and make elevated profits. This type of rapid growth is extremely difficult to gain and harder to maintain in the long run. Nevertheless, through providing products of quality, high quality consumer service, and hard work, the mangers of the organization can be able to carry on their accomplishment in the coming four to five years through competing with other competitors in the sector, differentiation, and formation of value for the stakeholder of the organization (Muensriphu, 2010).

Work Done by Salt International management for the success of their organization

The managers of the organization have introduced flexible solutions to their channels of distribution. This is a crucial factor of triumph of the organization. The managers have the required control over the suppliers of the organization. They have set up extremely strong links with the distributors across the globe.

Discussion of other firms who have used differentiation, outsourcing, and low cost strategies to become successfully globally

Various firms utilize various forms of strategies in order to become successful globally. In this section, the strategies adopted by ...