Regal Marine, one of the U.S.'s 10 largest power-boat manufacturers, achieves its mission-providing luxury

Case study, need help with the questons at the end for study purposes.Strategy at Regal Marine Video Case Regal Marine, one of the U.S.s 10 largest power-boat manufacturers ment. Fortunately Regal has been paying down debt and increasing achieves its mission-providing luxury performance boats to custom market share rs worldwide using the strategy of differentiation. It differentiates Regal has also joined with scores of other independent boat mak its products through constant innovation, unique features, and high ers in the American Boat Builders Association. Through economies of quality. Increasing sales at the Orlando, Florida, family-owned firm scale in procurement, Regal is able to navigate against billion-dollar suggest that the strategy is working competitor Brunswick (makers of the Sea Ray and Bayliner brands) As a quality boat manufacturer, Regal Marine starts with con The Global Company Profile featuring Regal Marine (which opens tinuous innovation, as reflected in computer-aided design (CAD), Chapter 5) provides further background on Regal and its strategy high-quality molds, and close tolerances that are controlled through both defect charts and rigorous visual inspection. quality Discussion Questions not enough, however. Because a product is only as good as the 1. State Regal Marines mission in your own words. parts put into it, Regal has established close ties with a large number 2. Identify the strengths, weaknesses, opportunities, and threats that of its suppliers to ensure both flexibility and perfect parts. With the are relevant to the strategy of Regal Marine. help of these suppliers, Regal can profitably produce a product line 3. How would you define Regals strategy? of 22 boats, ranging from the $14,000 19-foot boat to the $500,000 4. How would each of the 10 operations management decisions apply to operations decision making at Regal Marine? 44-foot Commodore yacht We build boats says VP Tim Kuck, but were really in the You may wish to view the video that accompanies the case before fun business. Our competition includes not only 300 other boat, addressing these questions. canoe, and yacht manufacturers in our $17 billion industry, but home theaters, the Internet, and all kinds of alternative family entertain Source: Pearson video.

Regal Marine, one of the U.S.’s 10 largest power-boat manufacturers, achieves its mission-providing luxury performance boats to customers worldwide-using the strategy of differentiation. It differentiates its products through constant innovation, unique features, and high quality. Increasing sales at the Orlando, Florida, family-owned firm suggest that the strategy is working. As a quality boat manufacturer, Regal Marine starts with continuous innovation, as reflected in computer-aided design (CAD), high-quality molds, and close tolerances that are controlled through both defect charts and rigorous visual inspection. In-house quality is not enough, however. Because a product is only as good as the parts put into it, Regal has established close ties with a large number of its suppliers to ensure both flexibility and perfect parts. With the help of these suppliers, Regal can profitably produce a product line of 22 boats, ranging from the $14,000 19-foot boat to the $500,000 44-foot Commodore yacht. “We build boats, ” says VP Tim Kuck, “but we’re really in the ‘fun’ business. Our competition includes not only 300 other boat, canoe, and yacht manufacturers in our $17 billion industry, but home theaters, the Internet, and all kinds of alternative family entertainment.” Fortunately Regal has been paying down debt and increasing market share. Regal has also joined with scores of other independent boat makers in the American Boat Builders Association. Through economies of scale in procurement, Regal is able to navigate against billion-dollar competitor Brunswick (makers of the Sea Ray and Bayliner brands). The Global Company Profile featuring Regal Marine (which opens Chapter 5) provides further background on Regal and its strategy. 1. State Regal Marine’s mission in your own words. 2. Identify the strengths, weaknesses, opportunities, and threats that are relevant to the strategy of Regal Marine. 3. How would you define Regal’s strategy? 4. How would each of the 10 operations management decisions apply to operations decision making at Regal Marine? You may wish to view the video that accompanies the case before addressing these questions. Source: Pearson video.

Expert Answer

1. The mission statement of the State Regal Marine’s mission was to provide the customers from all over the world the service of luxury boats. The company uses differentiation strategy such as constant innovation and unique features to provide such luxury performance boats to these customers.

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