1. What does environmental analysis give to the strategic manager? 2. What is environmental analysis? 3. What are included in Macro and Micro environmental analysis? 4. What does SWOT mean and stands for?
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A: MNC stands for multinational companies. There are various strategies that MNC's implement for the su...
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A: A sale is an exchange of goods, services, or assets between two or more parties in which the buyer r...
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A: A customer is a person who will take part into exchange with the company. He will go through various...
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A: Introduction: Barnacles are a set of customer who are loyal with the firms but they are not profit...
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A: This spike in the proportion of households has already been accompanied by a progressive but signifi...
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A: Segmenting the marketplace entails breaking it into distinct furthermore as effective components (se...
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A: * Option B , If your employer provides fixed annual increases in salaries and benefits in the employ...
Q: 5-3. What one department is almost always represented by a person in the buying center?
A: The buying center is the most focused component of a purchasing department. The buying center is mad...
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A: Interactive marketing is a kind of marketing strategy that uses two way communication channels to co...
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A: All company operations at Amazon are aligned together with the core objective and goal of the compan...
Q: . How does a nonfamily household differ from afamily household?
A: The purchase decision making is studied as the part of consumer behavior as it shows the consumers' ...
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A: Retailers are known for selling goods in small quantities near localities and markets. These busines...
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A: Centralised money system is where money is created and monitored by the central system like Central ...
Q: Crest 3D whit consumer's e: Customer
A: Marketing is the fulfillment of the needs of consumers through the right product and right price, ke...
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A: Excellent planning, like any good material, is the foundation of a great presentation. It's not poss...
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A: Websites, retail stores, mail order catalogues, direct mail, email, mobile, and other indirect and d...
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A: All marketing decisions related to targeting a customer segment are taken after the process of segme...
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A: The elements of marketing helps to make planning regrading allocation of resources and funds in the ...
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A: The decision making by customers is a critical taks to evaluate as there are many motives that guide...
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A: Well, this is a difficult topic to answer because there are many various sorts of buyers, some of wh...
Q: How could it help the manager with Utilitarian Approach to create a decision?
A: The utilitarian approach advises individuals to consider the varying amounts of value and harm that ...
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A: PESTEL Analysis is a strategic framework and an acronym that breaks down possibilities and hazards i...
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A: The segmentation in marketing is initiated during research process that help to know about potential...
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A: XYZ Detergents wants to expand its operations and therefore wants the existing product to become acc...
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A: Pricing determines the amount of money a manufacturer will get in return for services and commoditie...
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A: Business communication is the process through ideas, opinions and information is exchanged inside th...
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A: With the ongoing expansion in the number of households, there is a tendency toward smaller and nonfa...
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A: Forecasting helps to be precautioned and careful about the occurrence of future events. It will help...
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A: Marketing Research is a fundamental part of corporate strategy and a key aspect in retaining competi...
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A: Markets tested for a new product launch is called the process of test marketing. Test marketing is d...
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A: Among ( sales Invoices, Sales orders, Sales quotes and Proposals, Receive Money From Customers) the ...
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A: Political Policies - In politics, economics, and business, a policy is a set of ideas or techniques ...
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A: The customers are getting different options from where they may initiate their purchasing decisions....
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A: The physical surrounding and settings in which we live are referred to as the environment. Regrettab...
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- With a substantive strategic report, how do you show relationship management, including, Company relationships, Networks, and suppliers, Partnerships among competitors, Government, and not-for-profit organizations, Internal business units, Employees and functional departments, and Buyer partnerships for a company like Walmart?With a substantive strategic report, how do youshow relationship management, including, Company relationships, Networks, and suppliers, Partnerships among competitors, Government, and not-for-profit organizations, Internal business units, Employees and functional departments, and Buyer partnerships?Explain in brief the concept of strategic thinking? And illustrate five (5) ways to improve individual strategic thinking skills? Write more than 250 words
- Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements.Anthem inc. takes a strategic positioning with being a benefit leader. This can be said about a lot of companies in the healthcare industry. How does the company use strategic positioning to differentiate between the compeition? What makes customers want to choose Athem over their competition?Case Krispy Kreme Doughnuts Inc 2015 Based on the given case above, you are required to read the case and : 1. Propose a new mission statement for the organization based on 9 components of mission statement: 1.Customer 2. Product/ service 3. Market 4. Technology 5. Concern for survival, profitability and growth 6. Philosophy 7. Selfconcept 8. Concern for public images 9. Concern for employees 10. Component Legend is provided 2. Quality of the writing of the proposed mission statement and explain
- 1. You are required read the case above crispy krepe doughnuts 2015 to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. Which of the each components and explain; 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns?…According to the case study in the image, What does the SWOT Analysis tell us about the competitive position of Pharmcare with the industry as a whole? How readily do you think executives of Pharmcare identify the strengths and weaknesses of competitors? Identify the benefits and dangers (other than those identified in the text) of a SWOT Analysis such as that in the illustration.According to a consulting firm report - Bain and Company, Management Tools and Trends2015, one of the top ten management tools implemented by companies was the BalancedScorecard. Many surveyed companies (40%) have indicated that they are satisfied with usingthe Balanced Scorecard for strategic planning.Explain the Balanced Scorecard and how the Balanced Scorecard can be used for strategicplanning.
- Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required: a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps. b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements. c. Compare and contrast “strategic blunder” and “strategic drift”?StrategyWhich of the following statements about marketing strategies is correct (a)? Select one or more options: - A market leader (like Coca-Cola) often has different strategies than a market challenger (like Pepsi) - The company's vision 'is oriented towards markets and customers - If you follow the strategic goal niche, you target a very small part of the market - Using cost leadership as a strategy means that you always set lower prices than the competition - The company you work for has conducted a survey and concluded that their customer service is not good enough at solving customers' problems. In a SWOT analysis, this would be a threat.1. You are required to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns? 9.concern for employees - Are employees a valuable asset of the firm? 2. Quality of the writing of the…