Competitive pressure often means that business organizations must frequently assess their competitors’ strengths and weaknesses, as well as their own, to remain competitive. Explain how would the pandemic affect this business practice?
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Competitive pressure often means that business organizations must frequently assess their competitors’ strengths and weaknesses, as well as their own, to remain competitive. Explain how would the pandemic affect this business practice?
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- For businesses, the toughest leadership test of the COVID-19 pandemic is how to sustain a business in an environment where economies are still reeling from fall down of the pandemic. How can the hotel industry navigate this COVID-19 difficult environment and remain sustainable? What business strategies should the hotel industry adopt?In your opinion, what are some of the most effective strategies for achieving sustainable competitive advantage in a global industry/market segment? Why do you think these strategies are effective? Are there any examples of companies that have successfully achieved sustainable competitive advantage in a global industry/market segment? What can we learn from these companies? How can companies stay up-to-date with the latest trends and developments in a global industry/market segment? What are some strategies for staying ahead of the competition?Compare to Netflix What is your assessment of the strength of the competitive rivalry among the leading participants in this rapidly evolving global market for streaming video? How strong are the other four competitive forces? Do a complete five-forces analysis to support your answer
- What are the effects of economic and market conditions on Apple Inc?External and internal forces: 'Business : Volkswagen Group' i. Using a detailed SWOT analysis, describe the forces in the external environment that are impacting both directly and indirectly, as well as the internal strengths & weaknesses of the business. ii. Explain whether the evidence suggests this company is responding effectively to the uncertainty these forces create. iii. What recommendations can you suggest on HOW can this organisation respond to these threats, and HOW they can further utilize or build their capabilities?How can companies gain competitive advantage by using National Competitive Advantage? Explain regarding Porter’s model on National Advantage and give an example about these advantages.
- What would your advice someone who plans to put up a milk tea business during this pandemic? Make a macro and micro environmental analysis to support answerThe pandemic has brought changes and a new way of doing business. In your view with empirical findings, what are the new skills roles that managers used to achieve goals and enhance the smooth operation during the pandemic era?the question is about why watermelon Oreos failed. you first have to: Analyse the macro-environment through the STEEPLE Analysis: Using the STEEPLE model, briefly analyse the variables of the macro-environment that in your opinion are relevant to explaining why watermelon Oreos failed. Remember that the STEEPLE analysis should be bound to the market the company has chosen to enter. You can either build a table to show all your considerations or you can discuss each as its own slide. Remember that when carrying out an environmental analysis you should gather information from secondary sources on the market/industry/country the company would like to stay/enter (i.e., Internet, Journal Articles, governments' reports, etc.). You should provide actual figures for each force of the environment you analyse and cite the source from which those data come from (minimum of 4 sources). Analyse the micro-environment through porters five forces: you should analyse the forces that were in your…
- What threats from the general environment and industry environment did Apple face as of 2020? What have been Apple's competitive advantages, historically? How sustainable are those competitive advantages, as of 2020? If you were to give advice to Tim Cook, what would you recommend in order to maintain the competitive advantages?Describe the three attributes of monopolistic competition. How is monopolistic competition like monopoly? How is it like perfect competition? Draw a diagram depicting a firm that is making a profit in a monopolistically competitive market. Now show what happens to this firm as new firms enter the industry.In what ways can a business obtain a competitive advantage over other rivals?