Which of the following statements is true of an effective business mission statement? O 1. It is stated after the details of a marketing plan are developed. 2. It should define a business in terms of goods and services rather than in terms of the benefits customers seek O 3. It is based on an analysis of anticipated environmental conditions. 4. It is kept confidential from customers and stakeholders.
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- Question 7 Which of the following statements is true of an effective business mission statement? O 1. It is stated after the details of a marketing plan are developed. O 2. It should define a business in terms of goods and services rather than in terms of the benefits customers seek 3. It is based on an analysis of anticipated environmental conditions. O 4. It is kept confidential from customers and stakeholders.Question 1Porter's 5 Forces framework does not give us all answers and may be criticized in many ways. True False Question 2Which one of the following is not a primary task of strategic managers? A. Establishing strategic objectivesB. Developing the steps to follow in implementing operational level plansC. Defining the business and developing a missionD. Developing a strategy E. Implementing and evaluating the chosen strategy Question 3The fundamental role of strategy is to: A. Determine how the firm will make a profit in its industry environment:B. Determine how the firm will deploy its resources to satisfy its short-term financial goalsC. Determine how the firm will deploy its resources to satisfy its long-term goals, given the conditions in the competitive environmentD. Determine how the firm can organize its own activities and achieve dominance Question 4"Industry attractiveness” in the five forces framework by Porter refers to: A. the appeal of the industry to a particular firm…Proposed Mission Statement of Krispy Kreme Doughnuts Inc 2015.( Existing) Krispy Kreme Doughnuts provides people of all ages (1) the highest quality doughnuts and coffee (2) in the industry. We actively serve customers across the UnitedStates and globally in more than twenty countries (3). We are proud of our Doughnut Theaters (7), where customers watch fresh hot doughnuts being made and order them while they are still hot. We work diligently with many nonprofits including schools and churches to help with fundraising activities (8). We continually upgrade our production technology (4). We provide our employees with meaningful employment, fair wages, and an ethical workplace (6, 9), while providing a fair return on investment for our shareholders. Please use own words You are required to create a New Mission for the organization like the above mission statement given, which based on 9 components of mission statement as place the components numbering in (..) bracket follows above…
- QUESTION 87 Corporate-level strategy results in a mission statement that guides marketing strategy in which way? a. By tying higher level company goals to product-level marketing strategy b. By responding to customers’ needs and wants c. By clearly identifying a target market d. By avoiding marketing myopia and having a future vision QUESTION 89 Which of the following would a company probably have the least amount of influence over? a. A company would likely have equal influence over all of the above. b. A supplier raising prices c. The local government introducing new taxes d. A competitor lowering pricescourse: Strategic concept Topic: Ryanair flying too close to the sun 1. How has Ryanair influenced the development of the industry? How would you evaluate Ryanair’s performance between 2013 and 2018? 2. What metrics would you use to evaluate it and why? How would you describe Ryanair’s business model? How has it evolved from 2013 to 2018?Question 3) Provide a brief introduction around the purpose of a mission statement.
- What strategy would you recommend for a small-sized company entering a highly segmented market, each segment with a complex set of needs and spending power? Question B: Imagine that you are the manager of a housekeeping service. Specifically describe how you would use the concepts of (1) scope of the firm, (2) horizontal integration, and (3) vertical integration to build and achieve a competitive advantage over rival housekeeping services.Media for settlement: Excel (source or supporting data) Question : D. As a Field Operation, out of the three dealers, which one has Decreased battery sales? How to improve it. E. If the profit of 1 pcs battery is Rp. 125,000, what is the total profit From the sale of batteries for the month of Jan - Oct with a note, in June and July there is a cashback of Rp. 25,000 for buyer F. In your opinion, which of the three dealers is the best and the worst dealerQUESTION 3 Which of the following skill is most important at top levels of management when dealing with strategic planning? A. Technical B. Human C. Conceptual D. Empirical
- Question 1 has to do with something NOT being one of the managerial considerations in determining how to compete successfully. 2. A company's strategy concerns (what does it consist of?). 3. The action plan is implemented by management (for what purpose?). 4. The competitive moves and business approaches a company's management is using to grow the business, stake out a market position, attract and please customers, compete successfully, conduct operations, and achieve organizational objectives. It is known as what? 5. The objectives of a well-crafted strategy require management to (do what?). 6. To improve performance, there are many different avenues for outcompeting rivals such as: (know how to compete against rivals). 7. A company's strategy defined as? 8. Every strategy needs what? 9. Question 9 asks which (from a list), is NOT something a company's strategy is concerned with (So, know what it does pertain to). 10. What is NOT a primary focus of a company's strategy? 11. When does…QUESTION 3Andrew and Simon are prospective entrepreneurs and are soliciting your advice to start their entrepreneurial venture in a profitable industry. Your task is to choose for them an industry you know very well and do an industry and competitive analysis to determine its profitability and advise them accordingly.Topic: principle of Marketing DESCRIPTION OF THE ASSIGNMENT Please to read and answer the question thoroughly A Radant Beauty for a New Generation When Sam Rainer launched Radant Beauty 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 skincare company and product line had already topped the $1 Million mark and showed no signs of slowing.The line was formerly owned Zirh Skin Nutrition, a male skincare line that was acquired by Shisheido in 2000. Rainer immediately 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 skincare companies, which tended to make products to help older consumers fight such skin ailments as wrinkles and recondition ageing…