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Strategy Selection, Organization, and Development Analysis
Strategy Selection, Organization, and Development Analysis
Martha I. Sandoval
Colangelo College of Business Grand Canyon University
MGT-660: Strategic Management
February 7, 2024
Strategy Selection, Organization, and Development Analysis
Introduction Amazon is now the largest online retailer worldwide (David, 2020). Our team has been working on creating the greatest possible strategic outcome for Amazon. To examine the marketing and advertising expenses of each company, the marketing expenses compared to rival companies will
be discussed first. The explanation of the perceptual map will come next. The diagramming of Amazon's proposed organizational structure and current organizational chart will come last.
Marketing Expenses Against Competition
The term "marketing" refers to the set of procedures, ideas, and actions that businesses need to have in order to develop, promote, offer, and introduce offers that draw in customers. Relationship, viral, green, keyword, and guerrilla marketing are some of the methods used in this
type of marketing. in addition to the 4Ps, which support successful marketing. Product, price, distribution channel, and promotion comprise the four Ps.
Perceptual Map
Perception mapping is a popular marketing tool that helps firms thrive. A diagram comparing your own products and services to those of your competitors. There are five steps to help businesses decide how to better meet the demands of their customers. These procedures involve 1) identifying essential criteria for successful differentiation of Industry products. 2) Diagram of two-dimensional product positioning map. Organization-specific criteria on each axis, 3) a listing
of important competitor brands in four quadrants matrix, 4) Determine if the corporate brand positioning is ideal, and 5) Repositioning the organization as explained by David and David (2020), brands aim to influence consumer views of their competitors by bidding on demand. Amazon began a good strategy when Jeff Bezos decided to go first with "Buy Everything" by offering the "Books" category first. The causes are as follow: In 1994, the United States' book
Strategy Selection, Organization, and Development Analysis
industry was worth $10 billion. People have already bought books. The Washington Post's suggestion to buy books online is straightforward, as a copy of a book is identical across all stores. Jeff Bezos pioneered a low-cost positioning approach based on amazing convenience, immediate access, and a diverse selection (Mohammed, 2019). Everything Store began with books and then with internet shopping.
Organization Chart
Amazon's current organizational structure includes 33 persons, all of whom work at the same level of management. This section contains a link to the Excel file for Amazon Flow. The organization chart was compared to the proposed organization chart for group settings. The organizational structure should be in line with their strategy. Organizational structure is classified
into seven types: 1) function, 2) by region, 3) by product, 4) area by customer, 5) area by process, 6) strategic business unit (SBU), and 7) matrix. Amazon is currently utilizing a more strategic business unit structure for company-size organizations. The group decided to restructure
the organizational structure to depict a more matrix structure to build vertical chains of command
and authority to form top management. The method of evenly distributing personnel throughout departments.
Conclusion
Since its founding, Amazon has performed successfully. Now that it has a solid strategy in place, Amazon just needs to worry about how its rivals will enter the e-commerce market. Compared to
a mom-and-pop store, Amazon's organizational structure is far more complicated due to its size. Rather than placing fewer people under more executives and facilitating several senior vice president positions, Amazon does not use the widely recommended C-Suite tier framework. The
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Related Questions
The goal of this exercise is to demonstrate your understanding the three phases of the strategic marketing process; planning, implementation, and evaluation.
Read the description of the marketing action and then match it to the appropriate stage of the Strategic Marketing Process.
Situation analysis
Executing the
marketing program
Designing the
marketing program
Market-product
focus and goal
setting
4
Marketing program
5
6
Acting on deviations
2
3
Defining precise
tasks,
responsibilities, and
deadlines
8
Obtaining resources
Comparing results
with plan to identify
deviations
9
Match each of the options above to the items below.
As the sales for digital cameras has increased, the sales for traditional film and film camera has declined
Managers at Kodak select which products will be directed toward which customer for each of its strategic business units
3
Kodak managers select the marketing mix (4Ps) and related budget for each of its strategic business units
Managers for the digital…
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Marketing Options and Price
Sensitivity
The online market for travel
services will reach $63 billion within a few years, and Pricelinecom aims to
capture a significant share; already, it is high on the top-ten list of travel
Web sites After a brief period of diversification into name-your-price sales
of groceries and gasoline, the company has refocused on its core travel and
financial services offerings, including airline tickets, hotel rooms, rental
cars, and mortgage loans The company guarantees that a Pricelinecom mortgage
is the “lowest-cost loan on the market” and backs this up by paying
$300 to any customer who finds a better price
1 Define price sensitivity
Provide relevant examples
2 What can you say about the
price sensitivity of Priceline’s customers?
3 What effect would Priceline’s
prices be likely to have on the reference prices customers bear in mind for
travel and mortgage services?
4 How does the company’s
lowest-cost loan guarantee affect…
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Mission, Objectives & Goals for WALMART
State the mission or business purpose: what the organization wants to achieve, in market-oriented terms.
List three (3) objectives that move the organization a step closer to achieving the mission.
Convert objectives into specific marketing goals that are easy to measure and evaluate, e.g., SMART
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Your Task
Evaluate how Wanda is currently applying each of the four Ps of marketing to the products Salty Pawz sells. Capture this in your written document so that
Wanda can refer back to it as she begins to draft a marketing plan.
• Once you have evaluated how Wanda is currently applying the four Ps to the products Salty Pawz sells, identify at least one new way that each of the four
Ps could be improved. When making your recommendations, be as specific as possible so that she can execute some of your ideas immediately.
arrow_forward
Consider the Scenario below:
A national property/casualty insurer distributes its personal and small commercial productsthrough independent agents. A study was conducted as a part of reevaluation of its strategies,designed to determine:• Whether its market share might be increased by direct marketing to some households.• Whether doing so would conflict with agent activities.• Marketing themes and product features that could be used to differentiate it indifferent market segments.• The potential profitability of different segments.Attitudinal, behavioral, and demographic data were gathered using a mail panel survey of2000 U.S. households that own auto insurance. Geodemographic and credit informationsupplemented the survey responses.Segments Identified: The study identified five segments, each making up 17% to 22% of themarket.• "Non-Traditionals" were most interested in using the Internet and/or buying insuranceat work.• Direct Buyers were more interested than others were in buying via…
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Please answer the questions below
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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)?
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Trend analysis of the topic for five years (2013 - 2017)
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Read and Answer the CASE STUDY.
McDonald's Corporation's marketing mix (4Ps) involves various approaches that meet business concerns in different fast food restaurant markets around the world. The marketing mix defines the strategies and tactics that a company uses to reach target customers, in terms of products, place, promotion, and price (the 4Ps). In this business analysis case, McDonald's has corporate standards that its marketing mix applies globally. For example, the company's corporate standards for productivity are implemented in the management of each company-owned and franchised location. McDonald's also applies some variations in its marketing mix to suit the conditions of local or regional markets. For instance, the company's promotion strategies and tactics focus on print media in countries where such media are most popular and prioritize television in other markets. The specifics of the 4P variables define the various strategies and tactics that McDonald's uses in…
arrow_forward
Read and Answer the CASE STUDY.
McDonald's Corporation's marketing mix (4Ps) involves various approaches that meet business concerns in different fast food restaurant markets around the world. The marketing mix defines the strategies and tactics that a company uses to reach target customers, in terms of products, place, promotion, and price (the 4Ps). In this business analysis case, McDonald's has corporate standards that its marketing mix applies globally. For example, the company's corporate standards for productivity are implemented in the management of each company-owned and franchised location. McDonald's also applies some variations in its marketing mix to suit the conditions of local or regional markets. For instance, the company's promotion strategies and tactics focus on print media in countries where such media are most popular and prioritize television in other markets. The specifics of the 4P variables define the various strategies and tactics that McDonald's uses in…
arrow_forward
Read and Answer the CASE STUDY.
McDonald's Corporation's marketing mix (4Ps) involves various approaches that meet business concerns in different fast food restaurant markets around the world. The marketing mix defines the strategies and tactics that a company uses to reach target customers, in terms of products, place, promotion, and price (the 4Ps). In this business analysis case, McDonald's has corporate standards that its marketing mix applies globally. For example, the company's corporate standards for productivity are implemented in the management of each company-owned and franchised location. McDonald's also applies some variations in its marketing mix to suit the conditions of local or regional markets. For instance, the company's promotion strategies and tactics focus on print media in countries where such media are most popular and prioritize television in other markets. The specifics of the 4P variables define the various strategies and tactics that McDonald's uses in…
arrow_forward
Story:Qualco a retail luxury Furniture Company has recorded its second year of loss in the 12 years it has been in business. Every business desires to sell its product and services to the market with the least expenditure/expenses being generated to do so. Without adequate marketing, a business cannot compete in the marketplace, businesses must know who they are competing against, it will help them to see how the competitors are executing their business and attracting their customers. Qualco has not changed their marketing model in the 12 years since they began their operations. However, since they entered the market 2 other businesses have opened offering similar products. Qualco's administration Team has hired you an Organizational Learning Guru to guide them through the process of identifying how they should reverse their unprofitable trend. Their next alternative is to shut down their operations.
QuestionUsing the Steps to Problem Solving, create an overview of Qualco's situation.…
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Explain and provide a clear statement of the main problem, issue, challenge, etc., Abu Dhabi National Oil Company as well as internal constraints and/or external trends they have.
determine the appropriateness of the company's strategy (articulated in the company profile section) for its situation (issues that it needs to deal with articulated in the situation analysis section) and clearly explain how the strategy (or parts of the strategy) does or does not fit with the situation (or with other parts of the strategy). Recommend a coherent package of changes to the company's strategy and specific steps to implement them. Explain and justify your recommendations. In addition, explain and justify the aspects of the company's strategy that they should remain the same.
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A) Whats the marketing plan using the marketing mix 4ps to enhance apple growth and market share??
B) the market plan will be medium term from 2020 to 2023
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Discuss the differences between an internal analysis and an external analysis with respect to strategic planning. What do organizations typically analyze as part of an internal analysis, and why? What do organizations typically analyze as part of an external analysis, and why? How do the results of each of these analyses inform an organization’s strategic plan?
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This is the subject of Strategic Marketing, please provide refrences
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2. What kind of Role Marketing plays for ROBI( telecommunication company in Bangladesh) in Companywide Strategic Planning? How ROBI manage their Marketing efforts in current COVID situation?
3. What is necessary for Square Pharmaceutical (in Bangladesh) to Measure and Manage return on Marketing Investment? Provide examples of Square's Marketing Investment?
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Commissioner Graeme Smith's vision is for SA's premier domestic T20 League to become 'the biggest league
outside India'
29 JANUARY 2024 10:00
Graeme Smith was the ultimate competitor on the field. The former Proteas men's captain always pushed himself and his
team to the limit. It should therefore not have been a surprise that when Smith transitioned from the dressing room to the
boardroom, he would bring that same competitive streak with him.
This irrepressible force and his unrelenting passion for South African cricket is what drives him every day in his role as
Betway SA20 commissioner. And, like a true leader, Smith has put together a team of exceptional individuals who have
wholeheartedly bought into the vision of making the country's premier domestic T20 League "the biggest league outside
India".
Betway SA20 commissioner Graeme Smith's vision is to make the country's premier domestic T20 League 'the
biggest…
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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.
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Scenario: Lee is the owner of Lee's [business type selected by your instructor], which is located in the city
closest to where you live. Lee has now hired you to design the basic components of a marketing strategy for
her business.
Instructions: Summarize a marketing strategy for Lee's addressing each part. You can view Parts 1-3
you completed in Unit 1 concerning the mission, situation analysis, and marketing objectives. This week you
will complete Parts 4-6 below to submit your final assignment to the Unit 2 Dropbox.
Checklist:
Part 4: Marketing Strategy
⚫ Describe the target market strategy for Lee's business. Paint a very clear picture of who Lee will be
targeting for her product. For example: Appealing to an entire market, concentrating on one particular
segment, or multiple market segments.
• Explain the four strategies for growth: market penetration, market development, product development,
and diversification. How can Lee use market penetration to increase her sales? Explain.
⚫…
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When Sam Rainer launched Noodle 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 skin care company and product line had already topped the $1 Million mark and showed no signs of slowing.
Formerly of Zirh Skin Nutrition, a male skin care line that was acquired by Shisheido in 2000, Rainer 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 skin care companies. Which tended to make products to help older consumers fight such skin ailments as wrinkles and recondition aging skin. No serious conservatively price high-end skin care solutions existed for young skin problems, such as oily skin, combination skin, and acne. That is, until Noodle entered the…
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Red bull
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What are the main products of COCA - COLA & PEPSI ? What are the other same types of products they sell that are similar?
What are the advertising/promotional methods used by the two product brands?
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Need help with Part 1 through 3
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Describe and critique Home Depot’s current marketing strategy. Does it “fit” with the firm’s strategies at the corporate and business levels? Explain.
Compare and contrast Home Depot’s functional strategies (e.g., marketing, human resources, production, etc.) with those of Lowes. What should Home Depot’s top management do at the functional level to distinguish the firm from its closest rival?
What is a value chain and how does this apply to Home Depot and their ability to compete with their competitors
When Home Depot’s performance declines because all businesses have decline periods should they change their strategies. Explain!
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Answer parts 4-7
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- Your Task Evaluate how Wanda is currently applying each of the four Ps of marketing to the products Salty Pawz sells. Capture this in your written document so that Wanda can refer back to it as she begins to draft a marketing plan. • Once you have evaluated how Wanda is currently applying the four Ps to the products Salty Pawz sells, identify at least one new way that each of the four Ps could be improved. When making your recommendations, be as specific as possible so that she can execute some of your ideas immediately.arrow_forwardConsider the Scenario below: A national property/casualty insurer distributes its personal and small commercial productsthrough independent agents. A study was conducted as a part of reevaluation of its strategies,designed to determine:• Whether its market share might be increased by direct marketing to some households.• Whether doing so would conflict with agent activities.• Marketing themes and product features that could be used to differentiate it indifferent market segments.• The potential profitability of different segments.Attitudinal, behavioral, and demographic data were gathered using a mail panel survey of2000 U.S. households that own auto insurance. Geodemographic and credit informationsupplemented the survey responses.Segments Identified: The study identified five segments, each making up 17% to 22% of themarket.• "Non-Traditionals" were most interested in using the Internet and/or buying insuranceat work.• Direct Buyers were more interested than others were in buying via…arrow_forwardPlease answer the questions belowarrow_forward
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- Read and Answer the CASE STUDY. McDonald's Corporation's marketing mix (4Ps) involves various approaches that meet business concerns in different fast food restaurant markets around the world. The marketing mix defines the strategies and tactics that a company uses to reach target customers, in terms of products, place, promotion, and price (the 4Ps). In this business analysis case, McDonald's has corporate standards that its marketing mix applies globally. For example, the company's corporate standards for productivity are implemented in the management of each company-owned and franchised location. McDonald's also applies some variations in its marketing mix to suit the conditions of local or regional markets. For instance, the company's promotion strategies and tactics focus on print media in countries where such media are most popular and prioritize television in other markets. The specifics of the 4P variables define the various strategies and tactics that McDonald's uses in…arrow_forwardRead and Answer the CASE STUDY. McDonald's Corporation's marketing mix (4Ps) involves various approaches that meet business concerns in different fast food restaurant markets around the world. The marketing mix defines the strategies and tactics that a company uses to reach target customers, in terms of products, place, promotion, and price (the 4Ps). In this business analysis case, McDonald's has corporate standards that its marketing mix applies globally. For example, the company's corporate standards for productivity are implemented in the management of each company-owned and franchised location. McDonald's also applies some variations in its marketing mix to suit the conditions of local or regional markets. For instance, the company's promotion strategies and tactics focus on print media in countries where such media are most popular and prioritize television in other markets. The specifics of the 4P variables define the various strategies and tactics that McDonald's uses in…arrow_forwardStory:Qualco a retail luxury Furniture Company has recorded its second year of loss in the 12 years it has been in business. Every business desires to sell its product and services to the market with the least expenditure/expenses being generated to do so. Without adequate marketing, a business cannot compete in the marketplace, businesses must know who they are competing against, it will help them to see how the competitors are executing their business and attracting their customers. Qualco has not changed their marketing model in the 12 years since they began their operations. However, since they entered the market 2 other businesses have opened offering similar products. Qualco's administration Team has hired you an Organizational Learning Guru to guide them through the process of identifying how they should reverse their unprofitable trend. Their next alternative is to shut down their operations. QuestionUsing the Steps to Problem Solving, create an overview of Qualco's situation.…arrow_forward
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