Case Analysis-- Case 2: Lola’s Market: Capturing a New Generation These points should be integrated into your Analysis: (1) Company’s current performance; (2) Strategic Position; (3) External/Internal Environment; and (4) Recommended Strategy
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Case Analysis-- Case 2: Lola’s Market: Capturing a New Generation
These points should be integrated into your Analysis: (1) Company’s current performance; (2)
Strategic Position; (3) External/Internal Environment; and (4) Recommended Strategy
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- Compare and contrast SWOT and SOAR strategic analysis tools. In your opinion, which of the two is a better option for conducting strategic analysis. Justify your opinion using practical examples.٢١( Sometime companies resort to __________by reducing their investment to project a positive picture of the organization. However, this strategy cannot be used for long-term. Select one: a. No change strategy b. Profit strategy c. Pause and proceed with caution strategy d. Backward integration StrategyCrafting a strategy involves A) blending deliberate/planned initiatives with emergent/unplanned reactive responses to changing circumstances, while abandoning planned strategy elements that have failed in the marketplace. B) developing a five-year strategic plan and then fine-tuning it during the remainder of the plan period. C) trying to imitate as much of the market leader's strategy as possible so as not to end up at a competitive disadvantage. D) doing everything possible (in the way of price, quality, service, warranties, advertising, and so on) to make sure the company's product/service is very clearly differentiated from the product/service offerings of rivals. E) All of these accurately characterize the managerial process of crafting a company's strategy.
- Multiple Choice: Read carefully each statement and encircle the correct answer 1. An entrepreneur does their best to satisfy customers and to deliver what is promised. What entrepreneunal competencies are being described? a. Demand for efficiency and quality c. Goal Selling b. Risk-laking d. Persistence 2. Ms. Cristy Ternate is the owner of the bus company first love travel and lours. She requires to be an effective and efficient communicator in her company. Also, in her job. It meeds a good relationship with their customers. What skill of an entrepreneur is being described? a. Decision Making c. Planner b. Discipline d. People Skills 3. Due to the pandemlc that we now experience it has an adverso allocl on pnce hike in raw material and supplies, fare hike due to the price of oil. As an entrepreneur on this change, we are affected because of a sudden change in the price of the raw materials. What kind of characteristics of an entrepreneur is being described? a. Ability to accept change…For Nabati foods: As Nabati foods already had a product , so they started with the market research for the same. Alternative strategies don't come out of blue; they are derived from the firm's vision, goals and objectives.:- Market development strategy to enter new markets with existing product. Dominates the vegan egg market with its mug-bean based JUST EGG. New markets can be different geographic locations or new customer segments. targeting new types of customers in current market through a different market segmentation strategy. JUST EGG comes in 12- ounce pourable format for scrambles, omelets etc. Understanding customer needs and creating new possibilities. Product development strategy : In April 2020, the company debuted a pre-baked folded format. Launched a line of vegan. Vide bites at grocery stores nationwide. Market penetration strategy where it just expanded the business and gained more fame: Gaining momentum on menu's worldwide. Including fast food chain which…For Nabati foods: As Nabati foods already had a product , so they started with the market research for the same. Alternative strategies don't come out of blue; they are derived from the firm's vision, goals and objectives.:- Market development strategy to enter new markets with existing product. Dominates the vegan egg market with its mug-bean based JUST EGG. New markets can be different geographic locations or new customer segments. targeting new types of customers in current market through a different market segmentation strategy. JUST EGG comes in 12- ounce pourable format for scrambles, omelets etc. Understanding customer needs and creating new possibilities. Product development strategy : In April 2020, the company debuted a pre-baked folded format. Launched a line of vegan. Vide bites at grocery stores nationwide. Market penetration strategy where it just expanded the business and gained more fame: Gaining momentum on menu's worldwide. Including fast food chain which…
- This strategy evaluation and control technique contains a carefully chosen combination of strategic and financial objectives tailored to the company’s business. Its overall aim is to balance shareholders’ objectives with customer and operational objectives. a. SWOT Analysis b. Balanced Scorecard c. Quantitative Strategic Planning Matrix d. Internal-External (IE) MatrixUnderstanding 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.which one is correct please confirm? QUESTION 11 In considering financial planning, the type of planning that focuses more on the overall direction of the business and the industry is _______. a. strategic b. deterministic c. operational d. probabilistic
- Analysis of Journal Article: Fergnani, A (2022) Corporate Foresight: A New Frontier for Strategy and Management, Academy of Management Perspectives, Vol.36, No.2 pp.820-844. It is essential that each concept is defined clearly, accurately, and with excellent detail. It may be useful to critique or supplement the work of the core author by referencing the work of other scholars. Q1. Provide a brief definition of each of these concepts and explain why it is significant for corporate strategic management in 500 words. You might find it useful to supplement this with other scholars’ work on these concepts. The article defines and explains the significance of the following key concepts in corporate strategic management: VUCA environment, Corporate Foresight, Resource Based View of the Firm, Dynamic Capabilities Framework, Absorptive Capacity, Environmental Dynamism, Environmental Complexity. Scenario Planning.In crafting a company's strategy: Answer 1 C) managers need to come up with some distinctive "aha" element to the strategy that draws in customers and produces a competitive edge over rivals. D) managers are well-advised to be risk-averse and develop a "conservative" strategy—"dare-to-be-different" strategies rarely are successful. A) management's biggest challenge is how closely to mimic the strategies of successful companies in the industry. B) managers are wise not to decide on concrete courses of action in order to preserve maximum strategic flexibility.IBM is defined and guided by (1) a dedication to every client’s success, (2) innovation that matters for our company and for the world, and (3) trust and personal responsibility in all our relationships. These standards represent IBM’s Multiple Choice A SWOT analysis. B product offerings. C strategic business units. D portfolio analysis. E core values.