INNOVATE 1X03 Reflection 3

Amazon is an online discount retailer that has successfully entered other businesses, such as electronic devices with the Kindle, Kindle Fire, and Echo as well Amazon Web Services. Read what you can about Amazon’s entry into these new businesses, and try to explain: why you think they chose to compete in those markets,   their unique value is in those markets—why they win with customers;   what resources and capabilities they possess that enable them to succeed in the new markets; and what new capabilities they need to develop; and   what makes it hard for competitors to imitate their offerings.

1. With reference to the above case identify and profile an upcoming entrepreneur in your community and further assess how their business has been affected by the COVID-19 pandemic. Describe the importance of strategic planning for entrepreneurs especially at this time.*describe how strategic planning can be adopted by this entrepreneur during this time. 2. With reference to the above case in which the entrepreneur has been identified, state which three main resources the entrepreneur would require to revive their business and how would they use these resources to do so. *Any three resources could be identified the must relate to the business.

With COVId-19 in full swing, the app based food delivery business has flourished in Bangladesh, with Food Panda holding a commanding lead in the market share. How can Food Panda retain its lead in terms of market share? Discuss in the light of any three of the Porter’s Five Forces that you deem to be the most appropriate?

respond to the following as to why this is a good choice for a teleheath company The company I chose that provides mental health services through telehealth is www.NAMI.org  The company provides support and education to those who are affected by mental illnesses and have 600 local affiliates and 49 state organizations. The organization lists 5 values in which assist in the possibility of recovery in which applies to the service of their mission to provide equality and hope to those struggling. There is no fee as the organization accepts donations and has volunteers. NAMI also offers DIY fundraisers and gifts of stock. I believe a benefit to this telehealth service benefits to those that are struggling with a mental illness as they provide help to kids, teens, young adults, and veterans whereas some organizations only focus on one age group. Some potential drawbacks I feel would consist of the patient not being consistent with calling in or not engaging fully as there is no in person…

Scenario: You are the chief operating officer (COO) of a local supermarket chain that has 10 stores within an 100-mile radius. The farm-to-table movement has been gaining momentum locally, and now it's a consumer demand as well as a good practice. This movement supports the use of local suppliers to limit the environmental impact caused by the long-distance transportation of food. It also supports small family farms that use sustainable practices, such as avoiding genetically modified organisms and pesticides or using organic fertilizers. The CEO of the supermarket chain has asked you to see if the supermarket can apply some of the farm-to-table principles to how it selects produce suppliers. Before moving too far in that direction, both you and the CEO agree that the inventory-management implications need to be understood.*What are a few different ways that the supermarket chain could incorporate farm-to-table principles into its operations while still meeting consumer demands? What…

Read the following and Answer the questions that follow:Covid 19 disease outbreak was indeed a global disaster. This pandemic forced for a change inconsumer behavior in almost all the market sectors. The Botswana local restaurant brand ‘TheBraai Place’ had just hit the market to compete with the established international brands likeNandos and others when this disease outbreak hit the world by storm. As a result, consumers wereforced to stop from going out to the restaurant but had to rely more on placing their food ordersonline and they be delivered by the restaurant to the customer’s homes. Something that seriouslycame as a challenge to the local brand that was just gaining its momentum. It had to re-strategizeand employ new ways of adapting to this compelling situation where customers orders were nowonly received, paid for and prepared through an online system. An urgent need for a revampedwebsite, order application system as well as a secure online payment method was what they…

From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today.  Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?

Conduct online research on Amazon, including both company and non-company sources in order to answer the following questions. From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today.  Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?

Essay about what can you recommend manufacturing ideas/products that are profitable during this pandemic crisis Covid 19 and why?

what are some reasons why social ventures need different sustainability models compared to purely commercial ventures?

The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that “external factors are more important than internal factors” in strategic planning? Discuss. Governments worldwide are turning to “protectionism” to cope with economic recession, imposing tariffs and subsidies on foreign goods and restrictions/incentives on their own firms to keep jobs at home. What are the strategic implications of this trend for international commerce? Identify two industries experiencing rapid technological changes and three industries that are experiencing little technological change. How does the need for technological forecasting differ in these industries? Why? Discuss the ethics of gathering competitive intelligence. Discuss the ethics of cooperating with rival firms.

i. Businesses are influenced by various forces that exist within the external business environment. Given knowledge of the Remote External environment, conduct a detailed PESTLE analysis of a named Ghanaian company; clearly identifying its Opportunities and threats. For each segment, demonstrate how you scanned, monitored, forecasted and assessed that segment towards identifying the opportunities and threats exposed to your identified organization. ii. With reference to the COVID-19 pandemic, describe how the strategic position (SWOT) of the named company in (i) above has been affected. iii. Describe any two (2) innovative strategies that the company would employ to appropriately respond to the repercussions of the pandemic.

Using the case above, you are required to conduct additional research and write an essay discussingElectronic Commerce (e-commerce) in the time of Covid-19.Your answer must include the following sections:1. Introduction2. Discussion:i. Discuss the concept of e-commerce.ii. Analyse the expansion of e-commerce during covid19 (at least three key points).iii. Do you think businesses should grow eCommerce even after the pandemic?a. Support your stance with at least three well-researched arguments.iv. Some businesses do wish to implement e-commerce, especially during this time of COVID19Pandemic, but they worry about security issues. Advise on the security threats (at least threekey points) that businesses and customers worry about and provide measures (at least threekey points) organisations can take to manage these threats. (at least two key points)3. ConclusionIn conclusion, look at the major role played by e-commerce during Covid19 and advise on theeffectiveness of e-commerce during this…

Analyze the industry Nike competes in using Porter's 5-Forces framework. Clearly define the industry that Nike operates in. Identify whether the force is high, moderate, or low for each force. Explain your rationale for each force.  Using the conclusions of each force, suggest whether the industry is attractive (i.e., profitable) or not. Explain your rationale.

The EasyWay Pearl Tea (www.easywaytea.com.au) case study reveals a successful franchised product from Taiwan, Asia that is sweeping Australia, East Asia and both North and South America. Assuming that you are to consider operating this franchise in your country, you will need to do a study whether this drink will do well/will not do well in your country. The question is whether it will be a successful/unsuccessful franchise in your country. You are to answer the questions based on your understanding of the consumers in your country with regards to: Question:  The likely buyer of this drink in your country? Give reasons to support your answer. Is that a big/small market? Very simple answer needed, no word limitation

The EasyWay Pearl Tea (www.easywaytea.com.au) case study reveals a successful franchised product from Taiwan, Asia that is sweeping Australia, East Asia and both North and South America. Assuming that you are to consider operating this franchise in your country, you will need to do a study whether this drink will do well/will not do well in your country. The question is whether it will be a successful/unsuccessful franchise in your country. You are to answer the questions based on your understanding of the consumers in your country with regards to: Question d): The likely product(s) that will either appeal/not appeal to the customers? Give reasons to support your answer. Very simple answer needed, no word restrictions.

Summarize each of the five forces related to the new industry (Powersports Industry) in just one sentence per force. Be sure to assess the effect of each force as low, medium, or high in your summary. These summaries will be pulled into a chart like the one shown above when you download Project One. Porter's Five Forces Summary Rivalry Among Existing Competitors Low/medium/high because ... Threats of New Entrants Low/medium/high because ... Bargaining Power of Suppliers Low/medium/high because ... Threat of Substitute Low/medium/high because ... Products Bargaining Power of Buyers Low/medium/high because ...

Add more to this paragraph  Amazon Business's economic impact on businesses is notable. Through Amazon Business, small and medium-sized businesses have access to a vast customer base, which can help them expand their market reach. Economically, Amazon has played a significant role in shaping the e-commerce industry and has contributed to economic growth.Additionally, Amazon offers competitive prices and excellent customer service, which can help businesses save costs and improve their efficiency. However, Amazon's dominance in the e-commerce sector has led to the displacement of traditional retailers, affecting their economic viability. This has led to concerns about the concentration of market power and the potential negative impact on small businesses, which could negatively affect the economic pillar of sustainability. Additionally there are also concerns about Amazon's market monopolisation and the impact this may have on smaller businesses. Therefore, responsible management…

Discuss the competitive forces in the industry in which Airbnb is competing and provide evidence from the supplied case study to support your answer.Hint: Use Porter’s 5 Forces model to guide your discussion. You are welcome to provide evidence from other sources to complete your discussion.

Preparing for Disruption: Fintech Comes Knocking While Rakefet altered perceptions at the bank—and in the Israeli banking market more broadly—with her CRM decision, she didn’t stop there. As we hinted in the previous module, Rakefet kept an eye on the contextual landscape and saw an opportunity to alter the future of retail banking. Let’s learn more about what she saw on the horizon and how it shaped her vision for the business.   Think about your own industry and identify something fundamental to the established model (even if you are in a young industry) that raises the question Rakefet asked herself about physical branches: Why is it that way and how might it disappear? List the fundamental feature of your industry that everyone takes for granted but is ripe for disruption and potential innovation.

In 2013, chat app Mxit a South African social networking platform reported that its monthly active user base was 7.5 million – but this figure dropped to just 1.2 million monthly active users in July 2015. In October 2015, Mxit announced that it was finally shutting down its corporate operations but would still leave the app available for download and use. Yet, a year later in October 2016, the app users couldn’t send and receive anymore. The start-up was founded in 2004. Mxit rode the instant messaging wave before the likes of BlackBerry Messenger and WhatsApp took off with the advent of smartphones and was a popular app of choice among South African teens and twenty-somethings when it entered the pre￾smartphone era in 2005. In 2012, it acquired Motribe - a platform that allowed anyone, anywhere to build, manage and generate revenue from their own social mobile website. 1.When Mxit first launched, they planned to be one of the biggest innovative organisation in the…

Chicago Community Trust (CCT) (https://www.cct.org/) is public-private partnership that connects philanthropy to impact. According to CCT's website: "The Trust’s Catalyzing Neighborhood Investment strategy focuses on creating the environment that allows investment to happen in historically disinvested Black and Latinx communities. " (https://www.cct.org/our-work/catalyzing-neighborhood-investment/) Using 5Cs framework, identify and describe each C in 5Cs for CCT's Catalyzing Neighborhood Investment strategy.

As the nation's leading consumer electronics retailer, Best Buy is trying to be the best. But that's not been easy in light of the challenges it's facing in the external environment. Like many other retailers, the economic climate has forced Best Buy to carefully consider its strategic options. Best Buy was founded under the name Sound of Music in 1966 as a home- and car-stereo store by Dick Schulze (he still remains as board chair), who got tired of working for his father, who would never listen to his ideas on how to improve the family's electronics distribution business. However, while chairing a school board in the early 1980s, Schulze realized that his target customer group—15- to 18-year-old males—was declining sharply. He decided to broaden his product line and target older and more affluent customers by offering appliances and VCRs. In 1981, a tornado wiped out his entire store (but not the inventory). Schulze decided to spend his entire marketing budget on advertising a huge…