Explain the following based on your knowledge and give sample scenario in the business: 1. Portfolio Analysis 2. SWOT Analysis Elaborate your answer.
Q: Explain CRM ( customer relationship management ) as a source of value in an Online Marketplace .
A: Introduction : Customer relationship management, to put it simply, is the process of identifying and…
Q: the value proposition is an important marketing concept. In light of this statement, Explain the…
A: A value proposition is a succinct statement that outlines why a consumer should choose particular…
Q: Apply the Service Gaps Model to see how chatbots help provide customer service.
A: Quality goods and services are ensured as an outcome of the competition, as are cheaper prices.…
Q: A registered representative (R) at Broker-dealer ABC establishes a personal social media account and…
A: A Registered Representative is also known as a broker or 'RR'. A RR is a person who is employed by a…
Q: When is a business most likely to adjust the marketing mix of a product?
A: Business would likely to change their marketing mix when they want to step ahead of their…
Q: evaluates the relationship between: strategic intent, strategic assessment, strategic choice and…
A: Introduction Strategic intent is the baseline for the strategic management process. Here, strategic…
Q: Examine the connections between Strategic Planning, Strategy Evaluation, and Strategy Control.
A: Introduction Strategic planning is a process, and it's a long-term process in which the company's…
Q: What are the three different considerations for setting prices?
A: Pricing is the method of figuring out how much cash a manufacturer will get in return for goods and…
Q: The Marketing Mix: Travel Goods and Services This activity is important because one of the core…
A: In today's competitive business scenario, marketing strategies provide alternatives for companies to…
Q: The diffusion of innovation stages includes all of the following groups except a. Innovators. b.…
A: The diffusion process is a term that describes the diffusion of innovations process referred to as…
Q: How do Maslow’s Hierarchy of Needs affect the ways companies market to consumers?
A: Ans. Introduction Effective marketing convinces a planned client to buy the item or administration…
Q: You have been hired by a regional supermarket chain as the candy andsnack buyer. Your shelves are…
A: Merchandizing is the activity of making things available to buyers at retail facilities, typically…
Q: industry and consider how the industry life cycle has affected business strategy for the firms in…
A: A business environment refers to all the external variables that affect organization operations.…
Q: What does the overall marketing mix of a Financial Institution determine?
A: In today's competitive business scenario, marketing strategies provide various alternatives to…
Q: Case study below: The Foschini Group (TFG) says it has entered into an agreement to acquire the…
A: Expansion strategy in other words is noting but strategies adopted by an organization for expansion…
Q: Data mining and data warehouses: what are they and how do they work? How can businesses best take…
A: It is important for any business to make their decisions on the basis of available data. In addition…
Q: 3. The word personality is derived from the Greek-Latin letter called Question 3 options:…
A: Personality refers to the overall characteristics, features or traits one possesses in his or her…
Q: Analytics in Support of Anticipatory Shipping by Amazon
A: Amazon has been very well able to provide value and at the same time, it is effectively relaying the…
Q: In what ways does Traders Joe's demonstrate the importance of each reponsibility in the management…
A: Ans. Introduction Business management, in more straightforward words, characterized as the most…
Q: if your product does not have any pupose, as a marketer how can you create a purpose of it
A: For instance, let's say that you are an Amazon marketer. You have been tasked with creating the…
Q: Marketing shapes consumer needs and wants versus marketing merely reflects the needs and wants of…
A: Promoting or Marketing simply reflects the humanistic desires and necessities. The conviction that…
Q: Write about the concept of Global Retailing .
A: Introduction : Global Retailing is an important approach of Marketing . The practice of expanding a…
Q: Choose and briefly describe a product that you’d like to develop. Products could include apps,…
A: Introduction An organization has to develop a "product development strategy" in order to develop a…
Q: What lessons in leadership would you identify for sharing with Nokia to help improve their market…
A: Leadership - In general, it is defined as the ability of an individual or organization to influence,…
Q: Using a major purchase ( for example a car) of your choice, apply and evaluate the high involvement…
A: The purchase decision involved in buying low-cost items is different from buying expensive items.…
Q: Make a "company objective" for a failing business in luxury manufacturing car?
A: Objectives are the quantifiable and time bound goals an organization wants to achieve during a…
Q: Why can human resources be so complicated? Please explain.
A: Management of human resources is dynamic and ever-changing.
Q: Coffee Shop Marketing Plan 1. Competition- this section identifies key competitors, describes their…
A: Any given business entity or firm laying out a roadmap or blueprint in order to carry out marketing…
Q: Almost every time a new-to-the-world electronic device (MP3 player,flat-screen television, digital…
A: Price skimming is a method of product pricing in which a corporation charges the greatest initial…
Q: how is the use of data used to shape our opinions?
A: –Sales Information System –Order to Payment Cycle –Databases –Marketing Intelligence Activities…
Q: Discuss the importance of financial statements in the strategic planning process of an…
A: The financial statement is needed during the strategic planning process in an entrepreneurial…
Q: The structure of an organisation is essential for achieving strategic objectives. Discuss the…
A: Organisational structure is a framework that specifies how certain tasks are to be carried out in…
Q: please explain how Marcus Samuel broke Standard Oil's world dominance and established a thriving…
A: Marcus, a Jew from the East End of London, started working at the age of 16 alongside his father. He…
Q: The long-term success or failure of a business is directly proportional to the level of employee…
A: Employee satisfaction refers to the feelings and perceptions an employee holds toward an…
Q: what type of business is coca cola and what are its primary products
A: A significant international participant in the beverage sector is Coca-Cola. Only a small number of…
Q: “A great brand is a story, that’ s never completely told…” [Scott Bedbury] - Evaluate and comment…
A: Branding is a marketing strategy through which an organization produces a unique identity, name,…
Q: Write about the role of technology in Marketing research ?
A: Marketing research is the activity of understanding the different aspects of the target market.…
Q: What retailers would be considered intratype competitors for a convenience store such as 7-eleven?…
A: Business competition is the contest between organizations manufacturing similar products or…
Q: Define brand objectives and differentiate or distinguish the THREE (3) brand objectives that exist.…
A: Brand objectivesThe quantifiable objectives of a certain brand are its branding or brand objectives.…
Q: What advantages can customer relationship management provide a business and its clients? Give…
A: With the upgradation in the technology many marketers are now exposed to undertake digital…
Q: Which one is not a method of qualitative research techniques? Ethnographic methods Questionnaires…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: advantage of media to students
A: The word media is the plural of medium, which refers to the communication channels that humans use…
Q: It's crucial to comprehend how current business operations are made possible by the internet,…
A: Growing companies have used the intranet, internet, and extranet to carry out a variety of duties in…
Q: Identify tactics used to reduce prices to businesses.
A: Price is a major element influencing customer purchases. As a result, firms utilize a number of…
Q: Mendelow’s Classification Stakeholders in Segment C must be treated with care
A: Individual M classification stakeholder is created to measure and analyze the stakeholder's interest…
Q: evaluate the role of relationship marketing in customer behaviour analysis
A: Relationship Marketing is defined as that form of marketing where the company focuses on maximizing…
Q: Understand the importance of marketing channels and supply chain management.
A: A marketing channel, also known as a distribution channel, is a collection of interrelated…
Q: The objective of _______ is to build sales, market share, and profitsquickly by providing an…
A: A pricing strategy is a model or the approach for determining the most competitive price for the…
Q: Which of the following is not a reason that firms need to innovate? a. Changing customer needs b.…
A: As a concept, innovation refers to the process through which an individual or organization…
Q: Why brand awareness is important for a company ?
A: A company enters into the market by having their own trademark, logo or any other feature that…
Explain the following based on your knowledge and give sample scenario in the business:
1. Portfolio Analysis
2. SWOT Analysis
Elaborate your answer.
Step by step
Solved in 3 steps
- What is the purpose, advantages, and disadvantages of each of the following matrices: SWOT- Strength, Weaknesses, Opportunities, & Threats SPACE- Strategic Position and Action Evaluation (not covered in class; do your research and reading to find out what it is) BCG- Boston Consulting Group IE- Internal/External GS- Grand Strategy QSPM- Quantitative Strategic Planning Matrix Which do you think is/are the strongest of these? Why?‘Business strategy produces long-term plans for the business, taking into consideration plans and possible actions of competitors, the main objective being to position the firm so it has a competitive advantage... If management accounting is to play this role in strategic management, it must provide managers not only with internal, financial information, but also with information, both financial and non-financial, about the environment in which the firm is operating: strategic management accounting’ (Lord, 2007, p.135). Discuss the previous statement, taking in to consideration the following perspectives: b)The appropriateness of the new performance evaluation techniques (such as balanced scorecard and strategic management accounting techniques) to the strategic management accounting objectives in comparison to the traditional performance measures. * please help me to answer this question in details, thanksQuestionAfter the analysis of your company Apple Inc , please write the following sections in report form: 1. Decision making process
- Research and Development: Risk Aversion and Performance Measurement When theeconomic outlook becomes uncertain, some managers look to cut costs in research and developmentto provide a short-term boost to profits. The problem with this strategy is that it reduces the opportunities for new products and product improvements in the coming years, which are necessary forthe long-term competitiveness of the firm. As Intel chair Craig Barrett says, “You cut off your futureif you do not invest.”Required1. What role does risk aversion play in determining the amount to invest in research and developmenton an ongoing basis? How might a firm manage risk aversion so as to continue the desired level ofspending on research and development?2. What type of strategic business unit would you choose to evaluate the performance of the research anddevelopment department? Explain your choice brieflyCarry out a SWOT analysis for the mall providing 2 Strengths, 2 Weaknesses, 2 Opportunities, and 2 Threats. How can you fix the weaknesses? how will you take advantage of the opportunities?1. Select a public company of interest. Using the company's 2018 annualreport, create three strategic financial objectives for 2019. For eachobjective, specify a strategic goal or target. The goals should beconsistent with the company's 2018 financial performance.2. Netflix’s strategy of moving to online video downloads has beenwidely discussed in a number of articles that can be found online.What are the basic objectives of Netflix’s strategy now? What aresome of the major assumptions underlying the strategy? Given whatyou know about discovery -driven planning, do these assumptionsseem reasonable? 3. Explain the role of automated decision systems in businessapplications? 4. How does knowledge management support decision making? Identifyproducts or systems on the Web that help organizations accomplishknowledge management.
- Describe 5 Mio Amore’s strategic assets. How do they help the company create and capture value versus the competition? Can they be easily imitated? A table can be used here. (500 words)Select 2 and complete the VRIO analysis. Say whether you think each of these is Valuable, Rare, Inimitable, and whether an MBA Program can be Organized to Exploit the given resoruce or capabilitiy. And then provide three sentences providing an explanation for your answer. The remaining six resources that you have to choose among are:Location, Funding (Scholarships or Research), Reputation/Brand, Sports teams, Housing, Programming/Classes.Read the following case and do the tasks below You are a general director for XYZ private hospital in Amman, and the hospital is not doing well at the moment due to many problems. You need to borrow money from Bank and you recognize that they will ask for SWOT analysis and a brief report to convince them that you know what you are doing Use the following facts in your analysis: Facts: - The Hospital location is very close to Amman Mall - One major private hospital in Amman will leave the industry - 30% annual growth in the market by 2022. - Large empty land is owned by the hospital. - Workers laws are flexible concerning employing foreign workforce. - 7% reduction in training cost by 2020 - There are a new shopping centers is being built next to the hospital - Covid-19 is expected to continue for the few coming years. - Four star hotel is being built next to the hospital - Your current customers complain that is always difficult to find a transportation by the hospital - The hospital…
- If you were in charge of strategic planning for your organization, what changes would you make? Give at least (1) unique strategy in today’s world for nonprofit and profit organizations. When developing and implementing strategy, does the organization effectively balance short and long-term priorities? Why? Does the organization need several strategies for differentiation, innovation, customer alignment, and a detailed plan of forecasted strategies? Why? Please Answer this Thank You.2.Describe how the SWOT Analysis works in relation to a company’s decision making in regards to the environment in which it operates.V3 Explain the definition of Strategic Management Process, why it is important, and what are the elements/tasks involve in the process. Support your answer with an example.