The Emerson Electric Company Free Essay Example, 1250 words

All these helped in the lowering of the production cost of fans for which it was easy penetrating the market with a low price strategy. The accessory packs, which were purchased from vendors in American and Taiwan markets and dispatched to the assembly centers of Air Comfort Products in kits, were referred to as subpack . (Emerson Electric Company ACP Division, 2001, p. 3). The fourth strategic initiative taken by the company revolved around choosing the most effective vendor in terms of cost. The Air Comfort Products division of Emerson Electric Company made a vendor selection in terms of the cost of delivering the accessories from the vendor s end to the Air Comfort Products assembly plants. The estimation of delivery cost encompassed the cost of the products, shipping costs and other insurance and import finances. (Emerson Electric Company ACP Division, 2001, p. 4). B. Organizational Resource. In the first case of strategic leadership shown by Emerson Electric Company the existe nce of money as an organizational resource triggered its way of making huge expenditures in Engineering and Development activities. The firm in order to capture the market started spending heavily on Engineering and Development to produce newer products and develop the existing lines. We will write a custom essay sample on The Emerson Electric Company or any topic specifically for you Only $17.96 $11.86/page It showed the use of knowledge of Core Competence where the skills of several vendor firms from America and Taiwan were used for assembling and manufacture of accessories.