country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Operations Management Of The Target Corporation

tag 1 Download4 Pages 869 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Approach this final segment of the project as an analyst for your company that is looking to merge with or purchase the company that you have been looking at throughout the course.

 

Answer:

Introduction

The main aim of this report is to critically highlight the operations management of the Target Corporation. The report also highlights the strengths, weaknesses of, threats, and opportunities for the company. Lastly, the report suggests, should Target merge with, acquire, or do business with its rival firm.

Discussion

Operation management of Target

Operation management is that particular area of management that concentrates in controlling the process of production in and organization. It also focuses in the redesigning of the operation of the business in the production of services and goods (Slack et al, 2013).

The Target Corporation was established by George Dayton in the US and the company has it's headquartered in Minneapolis, Minnesota. It is a retail organization. The company operates whole across the United States by their retail format to include the hypermarket Super Target. It is a flexible format and discount store along with Target Express before consolidated under the Target branding. (Stephenkahle, 2012). The company is looking for passionate, creative and committed employees that can create innovation to get into the controlling team and product design of the Target Corporation. The company also started the designer partnership to introduce designer strategy in the retail stores (Pratt & Kulsrud, 2013). The company offers high-quality services and products at a low price. The company also offers a wide range of products to its customers, which includes clothing, baby equipment, toys, food, furniture, luggage and much more. Target Corporation also has several private level brands, which includes Embark, Circo, Archer Farms, Market Pantry, Truth, and Merona. The product helps in explaining the utility of the market positioning. The company also offers its customers with discount price services and product.

Analyzing the overall operation of the Target it can be inferred that Target is a fastest growing company due to its unique operations, outsourcing and positioning strategy in the market. It is number two to Wal-Mart because the operations outsourced the manufacturing products and positioning strategy as well as high ability to adopt the new approach in the Target Corporation which helps the company maintain its competitive position in the worldwide market. Target has carved out a niche for itself by being more upscale and trend-driven than its rivals. 

SWOT analysis of Target Corporation

Strength (Contributor, 2015)

  • Target is a well-recognized and established brand that is highly valued by the customers.
  • It is considered as a fun place for shopping, just like Wal-Mart.
  • The company has strong marketing expertise in the retail market; it also includes household furnishing and fashion.
  • The company maintains a good relation with the customers, helping them in building a high level of brand loyalty.
  • The company also has the capacity to attract younger customers.
  • The company presents itself as a middle-class brand, which helps in attracting customers that are of the view that discounts stores such as Wal-Mart are distasteful and lower class.

Weaknesses (Contributor, 2015)

  • The business model of the company is based on big box stores and other supercenters, which fails to attract customers who prefer shopping from neighborhood stores that are small.
  • The company is also unsuccessful in changing its business model with the changing market demand.
  • The company has recently forwarded its first step towards e-commerce and is lagging behind competitors like Wal-Mart and Amazon.
  • The company is not that diverse and large like its competitors like Wal-Mart, Costco, Amazon and Kroger Inc.
  • The company has also failed to capture some important areas of retails, which includes financial services and filling stations.

Opportunities (Contributor, 2015)

  • The company has a good reputation as a fashion retailer, which is appealing for the online customers.
  • The middle-class income in the US is declining, which will force people with low income to shop at discounted stores.
  • The company has also initiated new channels for sales, which includes small neighborhood, same day delivery of the online purchase products, pull and click, helping the company to increase its customer base.
  • The company is an expert in retailing activities in the urban areas, where most of the young Americans prefer to live.

Threats (Contributor, 2015)

  • Falling income in the US may reduce the profitable purchase of the company
  • Increasing growth of small discounts retail stores and dollar store
  • Increasing competition from the online retailers like Amazon
  • Increasing competition from the competitors like Kroger Inc, Wal-Mart store, and Costco Wholesale
 

Recommendation

            After analyzing the Target Corporation thoroughly it can be concluded that it will be better for the Target Corporation to merge with its competitor firm.  Merging helps a company from shutting down, diversification, increasing its efficiency and increases investment in R&D of the company. 

 

References

Contributor, P. (2015). SWOT analysis of Target Corporation. PESTLE Analysis. Retrieved 13 June 2016, from https://pestleanalysis.com/swot-analysis-of-target/

Pratt, J., & Kulsrud, W., (2013). Corporate, Partnership, Estate and Gift Taxation 2013. USA: Cengage Learning.

Slack, N., Brandon-Jones, A., & Johnston, R. (2013). Operations management.

Stephenkahle, (2012). Target Corporation Strategic Marketing Plan. Retrieved from: https://zenportfolios.ca/stephenkahle/project_showcase/target-corporation-strategic-marketing-plan/ 

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2017). Operations Management Of The Target Corporation. Retrieved from https://myassignmenthelp.com/free-samples/operations-management-of-the-target-corporation.

"Operations Management Of The Target Corporation." My Assignment Help, 2017, https://myassignmenthelp.com/free-samples/operations-management-of-the-target-corporation.

My Assignment Help (2017) Operations Management Of The Target Corporation [Online]. Available from: https://myassignmenthelp.com/free-samples/operations-management-of-the-target-corporation
[Accessed 25 January 2020].

My Assignment Help. 'Operations Management Of The Target Corporation' (My Assignment Help, 2017) <https://myassignmenthelp.com/free-samples/operations-management-of-the-target-corporation> accessed 25 January 2020.

My Assignment Help. Operations Management Of The Target Corporation [Internet]. My Assignment Help. 2017 [cited 25 January 2020]. Available from: https://myassignmenthelp.com/free-samples/operations-management-of-the-target-corporation.


MyAssignmenthelp.com has assembled a team of extraordinarily talented and knowledgeable PhD qualified online dissertation experts to provide students required dissertation writing help in Canberra, Adelaide, Perth, Melbourne, Sydney and other parts of Australia. Students can buy dissertation online from us with three simple steps. Auditing dissertation help, history dissertation help, geography dissertation help, maths dissertation help are few popular services under our dissertation writing assistance.

Latest Supply Chain Samples

JNB158 International Transport Systems 2

Download : 0 | Pages : 13

Answer: Answer 1 Part: A As stated in the given case, cherries will have to be transported from Tasmania to South Korea. In addition, it is also stated that these cherries will be exported four times a time year according to the ripening season. Thus, it is assumed that each season, 250 tons of cherries will be exported that will totaled at 1000 tons. There are number of transport systems available for the cherry grower in exporting their go...

Read More arrow Tags: Singapore 31 International Transport System 

IBS320 Managing Global Logistics

Download : 0 | Pages : 21
  • Course Code: IBS320
  • University: University of Sunshine Coast
  • Country: Australia

Answer: Introduction Logistics management is one of the major factors that have affected the country on a larger basis. The logistics is defined as the whole concept of maintaining the flow of the product with the required span of time. The logistics is one of the major parts of the supply chain management which is the primary topic of the concerned report. In accordance to the views stated by Myerson (2012), there are a number of parts of th...

Read More arrow

ADM80003 Six Sigma

Download : 0 | Pages : 3

Answer: Introduction The study aims to devise a SIPOC diagram for an off-road buggy. This diagram has analysed the process of production as per the information provided in the case study. The SIPOC chart has considered the critical information which are in the best interest of the key stakeholders and manufacturers. The given model has been identified with the problem of non-identical fuel tanks which are present on the either side of the bug...

Read More arrow

BUS2002 Catering Services By The Forte Company

Download : 1 | Pages : 11
  • Course Code: BUS2002
  • University: Australian Institute
  • Country: Australia

Introduction Services differ from good due to the absence of tangible evidence after the delivery. The customer and the service provider should meet to ensure the success of service delivery. The report focuses on the delivery of catering services by the Forte Company in Australia. The catering services involve various activities such as the delivery of meals, planning and hosting events. The service delivery sector has evolved over time to in...

Read More arrow Tags: Australia Arlington Management University of New South Wales 

The Importance Of The Circular

Download : 0 | Pages : 13

Answer: Background Information about Alteo Mauritius Alteo Limited is a sugar milling company which is situated in Mauritius. The company’s vision is to be a sustainable regional leader in the sugarcane industry, renewable energy and property. Its vision on the other hand is to responsibly create value through people development, strategic partnerships, innovative thinking, market focus and operational excellence. The company has s...

Read More arrow
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,185,179

Orders

4.9/5

Overall Rating

5,057

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

93 Order Completed

100% Response Time

Jackson Mitchell

MiM (Masters in Management) in Supply Chain Management

New Jersey, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

230 Order Completed

97% Response Time

Liya Han

Master Of Science in Geotechnical Engineering (MSc Geotec)

Singapore, Singapore

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

184 Order Completed

96% Response Time

Arapera Billing

Masters in Management, MMgt

Wellington, New Zealand

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

529 Order Completed

95% Response Time

Ivan Blank

PhD in Functional Human Biology

Wellington, New Zealand

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

well down this was my first time using this service i was stressing a lot but was happy with the work done my the experts

flag

User Id: 367685 - 25 Jan 2020

Australia

student rating student rating student rating student rating student rating

Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert!

flag

User Id: 114483 - 25 Jan 2020

Australia

student rating student rating student rating student rating student rating

Even requesting more than 4 times adjusted in the first information topic shared. Every time send me the same piece of paper with descriptive things and Zero analyses. Take into account that most of the information was not extracted from the main sou...

flag

User Id: 181118 - 25 Jan 2020

Australia

student rating student rating student rating student rating student rating

I am very pleased with my grade my paper was written very well. I will most definitely be using this company again to write another paper for me.

flag

User Id: 348921 - 25 Jan 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?