Part Two Strategic Plan for FINAL PROJECT REVISED

Using concepts/terms from the book, Management by Bateman, Snell, and Konopaske, 7th edition. Situation: Consider the major decision of changing from a General Business major to a Marketing Major   Discuss the following questions: What was the decision you had to make? How did you go about creating alternative solutions (possible outcomes)? What was the process you used and was it similar to the formal planning steps noted in the chapter? Did the outcome meet expectations? (as planned, better, worse, mixed) Would you change the process you if you had to do it again, regardless of the current outcome?

Identify one of the emerging technologies (or research stream) in the Gartner, MIT, and World Economic Forum readings. Do additional research include 4-5 citations about the topic. Perform an analysis of the technology and develop a strategic plan by which a company (either existing or new but be sure to specify) may decide to compete.  The plan should be clearly supported by a framework or combination of frameworks (e.g. the socio-technical).  In a analysis, pay attention to the prescriptions in the Khanna article and how it might help shape a strategy.

How might a planner decide on competitive growth strategies using tools such as the market growth/market share matrix (Figure 2.3) and product-market matrix (Figure 2.4)?

Industry Situation and Company Plans: Starhub Ltd   1. What is the situation of the industry in which this company functions? What does this Company's future look like? (Minimum 200 words | Maximum 300 words)   2. Walk us through the company's products and services. Do you think these products and services will be capable to keep this company be successful in the new normal? (Minimum 200 words | Maximum 300 words)

Identify a key strategic challenge for the bike company (for example, continuing to maintain its current levels of success or overcoming a key limitation that is preventing the company’s full success) and explain how/why, and based on what strategic analyses/frameworks, you reached this conclusion. b) Identify your key recommendation for addressing the strategic challenge, and explain how the company could implement this recommendation and how it would help in achieving your stated intended objective.

1) Explain why competitive advantages in technology are temporary and describe the four methods of identifying cempetitive advantages as well as provide a use case for each method. 2) Define critical success factors (CSFs) and key performance indicator (KPIs) and explain how the administration at a college might use a CSF, such as improving graduation rates, to create a list of KPIs necessary to achieve this goal. 3)Explain why competitive advantages in technology are temporary and describe the four methods of identifying competitive advantages as well as provide a use case for each method.

Task 27Marketing and non-profit organizationsWhich of the following statement (s) is correct? Select one or more options: A- Systembolaget often says in their commercials that they are not like other companies. Among other things, there is no sale on alcoholic beverages. Principles from the subject of marketing are therefore not applicable to Systembolaget's operations B- Public companies such as the Swedish Tax Agency and the Swedish Social Insurance Agency can use marketing principles to communicate with us citizens. C- Marketing is not relevant for charities such as SOS Children's Villages and Amnesty International as the exchange between the donors and the organization can not be compared to the exchange that takes place between a "regular" product-producing company and its customers

Subject: SBD & Entrepreneurship Q:Take a real life product (Clearly mention product and company name) and discuss its steps in preparing the Marketing Plan from “Defining the Business Situation” up to “Marketing the Progress of Marketing Actions” ?

What are the key problems that BreadTalk faces?  Hints: - The key problems may be categorized into industry- and company-level factors in both markets

You have been tapped by a newly elected President of the United States to formulate a “Year 1” strategic plan for his / her new administration. Discuss in-detail how you would prioritize all possible initiatives proposed by the 15 major Departments (only those who have an Presidentially appointed Secretary - (ie. Department of Defense; State Department; etc.). Consider all benefits / costs as well as any challenges and constraints. Then, identify your top 5 recommendations and justify your selection. Keep in mind that the President wants to maximize his Elector Satisfaction metrics and maintain bi-partisan support in Congress.

When using the strategic management process, firms should start by A) developing a strategic vision, mission and values.   B) developing a proven business model, deciding on the company's top management team, and crafting a strategy. setting objectives, developing a business model, crafting a strategy, and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage.   C) coming up with a statement of the company's mission and communicating it to all employees, setting objectives, selecting a business model, and monitoring developments and initiating corrective adjustments to the business model when necessary.   D) deciding on the company's board of directors, setting financial objectives, crafting a strategy, and choosing what business approaches and operating practices to employ.

Propose some innovative business ideas using the bricolage concept that will address the environmental problem in the first phases of business with a lack of resources and Analyze the competitive environment for the potential business idea using Porter 5 forces matrix.

Your marketing staff (again) wants to invest $20 million in advertising to increase consumer willingness to pay per unit by a projected 6%. Your operations staff (again) wants to invest $20 million on a technology that will reduce production cost per unit by 5%. As Director of Strategic Planning, you are responsible for allocating resources to these subordinate functions. Which of the following recommendations and rationales should you offer the CEO if her goal is to create a long-run sustainable competitive advantage over rivals? O A. The marketing staff should be supported because consumers view all producers' offerings as homogenous. B. The marketing staff should be supported because a 6% increase in willingness to pay per unit exceeds a 5% decrease in cost per unit. C. The marketing staff should be supported because buyer switching costs are low. D. The operations staff should be supported because industry producers compete primarily on price. O E. The operations staff should be…

Please Help! This is for a 3-year strategic plan for the Business Strategy Game based on footwear. Write two to four sentences setting forth the long-term direction and strategic path that management intends to follow. The statement should clearly articulate your answer to "Where we are headed?" and should explain why the direction in which you intend to point the company makes good business sense. Your strategic vision statement should describe the kind of company that management is trying to create and the market position you are trying to stake out. You may want to summarize the essence of your strategic vision with a phrase or company slogan.

Task 5 The product cycleYou tell about the product life cycle for an entrepreneur in the process of developing a new product. Which of the following statement (s) do you say to the entrepreneur (which statement (s) are correct (a) statements): Select one or more options: A) The product life cycle is used as a segmentation variable to segment a market B) The stages of the product life cycle can be a guide for companies in what an appropriate marketing strategy can be C) The product life cycle looks exactly the same for all offers D) You can see the product life cycle at different levels, such as product class or brand E) The time it takes for different offers to go through the stages of the product life cycle varies

(0)     A Radiant Beauty for a New Generation When Sam Rainer launched Radant Beauty in the USA in spring 2021, it was with a clearly articulated marketing strategy – a hefty first-year sales goal of $1.7 Million. Nine months after rollout, Rainer’s plan seemed to have worked quite well. His skincare company and product line had already topped the $1 Million mark and showed no signs of slowing. The line was formerly owned Zirh Skin Nutrition, a male skincare line that was acquired by Shisheido in 2000. Rainer immediately recognized an underserved market segment among young people ages fifteen to twenty-nine, a group he called “Generation Me”. A combination of Generation X and Generation Y, Generation Me had long been ignored by the more recognized skincare companies, which tended to make products to help older consumers fight such skin ailments as wrinkles and recondition ageing skin. No serious conservatively priced high-end skin care solutions existed for young skin…

Discuss the importance of assessment tools in the situation presented

As a purchasing manager, advice on the best way to source the relevant material required in the production of DAL’s first vacuum cleaner.

Evaluate the following vision statement: "To become the nation's leading converged communications and digital services company"

Business Strategy  Business strategy refers to the overall plan for a business. The strategy sets out the direction for the company and what it wants to achieve in the long term for business success. The strategy defines which markets the business needs to compete in,which activities will give it a competitive edge and how its resources will be used to achieve the overall plan business strategies and practices continuously adapt to a changing world. In an increasingly competitive global environment, without a clear vision a business will lack direction and may not survive. A vision should be both aspirational and inspirational for stakeholders.  The Vision is: to earn the lifetime loyalty of our customers by consistently delivering frequent, high performing public transport services which offerexcellent value. Underpinning the Vision are a common set of Values, an organisation's values are the guidingprinciples that influence its activities across the business. Values show how the…

Q1 Pinterest app defines its purpose as “a tool for collecting and organizing the things that inspire everyone in the world.”what does this statement represent??? A-Strategy B-Operational Plan. C-Mission D-Vision E-Procedure

Using dynamic analysis, what is the threat analysis New competitive action, Motivation and capability to respond to competitors' actions, Types of competitive action, and likelihood of competitive reaction for Kibbles and Bits?