Michael Jordan's Reign In Basketball Research Paper

Michael Jordan's Reign In Basketball - Research Paper Example In 1982 Michael Jordan made the winning shot in NCAA Championship game making his North Carolina Tarheals champions and beginning a legacy that would turn him into a living legend. It wasn’t long after that Jordan was drafted by the Chicago Bulls and in his first season became a fan favorite, and went on to claim the rookie of the year award. It wasn’t long before Michael Jordan became a star in the league. In the 1987 season he averaged 37.2 points per game and scored over 3,000 points; both numbers only matched by Wilt Chamberlain. The next season he again won the league in scoring and won his first league Most Valuable Player Award. Despite Jordan’s unheralded individual success, at this point he had still failed to achieve the allusive NBA Championship victory. In the 1990 season, finally after years of disappointment, Jordan and his Chicago Bulls achieved their first championship. Jordan and the Chicago Bulls would go on to claim the next two championship vi ctories as well. While Larry Bird and Magic Johnson helped greatly popularize the game, it was during this period that Michael Jordan took it to new heights. His heroic style of play brought a widespread audience to the game of basketball, bringing it and himself international acclaim. Still at the height of his accomplishments Jordan announced that he would retire to pursue a career in baseball. Three years later, by the influence and criticism of others, Michael returned to the game. Many people believed Michael would not get back in his groove yet defied odds and created a new atmosphere. As Michael was a true committed person he relied very much so on his self creating independence for himself and influenced the way he live and played. This was displayed by the way he operated, how he portrayed himself, how media coverage portrayed him etc. His motivation

Strategic Choices for Coca-Cola Company Research Paper

Strategic Choices for Coca-Cola Company - Research Paper Example The paper "Strategic Choices for Coca-Cola Company" focuses on Coca-Cola Company's strategic choices. The company has not operated alone in the market; it has received competition from other companies like Pepsi. In order to create an edge over its competitors, Coca-Cola has adopted differentiation strategy, which in many ways has proved successful for the company. It is important to evaluate how this strategy has been successful for the company and the likely recommendations for modifications especially in line with its mission and vision. Coca-Cola has for a long time favored the resource-based concept, which has become the main avenue of its strategic goals. The company perceives its success in the market to rest on effective use of its fundamental resources such as the brands, systems, capital, and the people. The goals of the company have been drawn and implemented based largely on these fundamental resources. At the same time, the attempts of the company have largely been geare d towards creating competitive advantage by utilizing its resources to the maximum. The most characteristic of the company has been reflected in its increased use of resources to promote its brands around the globe through increased advertisement and promotion. As a result, the company has been successful in creating strong brands in the market. In order to successful carry out its strategic goals and objectives, Coca-Cola has widely adopted the differentiation strategy, and this strategic method has enabled the company to strengthen. and foster its position in the wider global market (Knol Beta p.1). Differentiation strategy according to Porter aims to make company’s products or services unique when compared to its competitors (Stonehouse and Campbell p.177). The ultimate aim of this strategy is to create customer loyalty that exhibit little price elasticity of demand due to perceived unique aspects of the products or services as compared to competitors (Stonehouse and Campb ell p.177). Effective of this strategy for the Coca-Cola can be linked to its increased and ever growing advertisement and promotion activities, which have enabled the company to create a unique market position as compared to competitors. At the same time, differentiation strategy has proved successful given Coca-Cola’s established customer loyalty base, which has built over a long period. More so, refreshment and beverages market is increasingly becoming saturated and differentiation strategy has enabled Coca-Cola to stay apt and address the needs of its customers satisfactorily (Knol Beta p.1). Weaknesses of the company have been witnessed in negative publicity, increasing health concerns, unpopularity of some brands, and poor performance in some markets (Knol Beta p.1). As a result, differentiation strategy seems to address the concerns by responding to the unique nature of concerns in each market in the areas the company operates. On the same grounds, as the competition i n the market continue to increase especially in localized areas that Coca-Cola operates, the differentiation strategy seems to give the company upper hand in terms of penetrating markets and establishing loyal and satisfied consumer base. Lastly, as health concerns and