Person MP is the most decorated Olympian. He won eight gold medals in 2008 at the Olympics at State B of Country C. In 2012, Person MP won 4 gold and 2 silver medals in State L of Country E. In 2016, he won 5 gold medals and 1 silver in City RJ of Country B. When he was young Person MP is diagnosed with ADHD. Hence, the doctors suggested him to learn swimming. In 2004, he has won 8 medals that include 6 gold and 2 bronzes, when he was 19 years old. Person MP becomes a worldwide brand after his eighth medal in the Olympics of State B of Country C. His manager Person PC has launched him as a superstar. His physical endowments attributed to the success of Person MP. He was arrested two times for Driving Under the Influence (DUI). Image matters. He lost his image. However, he wanted to keep the public image clean. Hence, he launched his own line of swimwear, which brings him a better image. To determine: The role of strategy in the achievement of Person MP in and out of the pool.

Question

Want to see the full answer?

Answer 1

Question

Chapter MC, Problem 1.2DQ

Summary Introduction

Case summary:

Person MP is the most decorated Olympian. He won eight gold medals in 2008 at the Olympics at State B of Country C. In 2012, Person MP won 4 gold and 2 silver medals in State L of Country E. In 2016, he won 5 gold medals and 1 silver in City RJ of Country B. When he was young Person MP is diagnosed with ADHD. Hence, the doctors suggested him to learn swimming.

In 2004, he has won 8 medals that include 6 gold and 2 bronzes, when he was 19 years old. Person MP becomes a worldwide brand after his eighth medal in the Olympics of State B of Country C. His manager Person PC has launched him as a superstar. His physical endowments attributed to the success of Person MP. He was arrested two times for Driving Under the Influence (DUI).

Image matters. He lost his image. However, he wanted to keep the public image clean. Hence, he launched his own line of swimwear, which brings him a better image.

To determine: The role of strategy in the achievement of Person MP in and out of the pool.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

One of the leading pizza chains across the world, Dominos is the top contender for the strongest Italian fast-food chains. The brand has a close competitor in Pizza Hut. However, it has long overtaken Pizza hut to become the most sold pizza brand in the market. But compared to indirect competitors like McDonalds and KFC, Domino’s still has a long way to go. How can you explain the SWOT analysis of Dominos?

What kind of diversification is GE pursing? What are the sources of value creation with this type of diversification? How did GE lose $507 billion (more than 85 percent) of its market valuation since its peak? What went wrong? After leaving GE, Jeffery Immelt stated in 2018: “The notion of plugging financial services and industrial companies together, maybe it was a good idea at the point in time, but it is a uniquely bad idea now.” To what is Immelt referring? Why does he think is a bad idea? Do you agree? Why, or Why not? In the bestseller Good to Great, Jim Collins advances the hypothesis that the greatness of a leader is known only after the leader has departed. The business press has celebrated jack Welch as the greatest CEO of the last century. After reading this Minicase, do you agree with Collins’ strategic leadership hypothesis? Why or Why not? Note: When interviewed in 2018 about the GE situation, Jack Welch had this to say: “I give myself an A for the operation of GE, but an…

3. Conduct a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) for REVLON. Give one example each. Founded in 1932, Revlon, Inc. is a leading global beauty company with a broad portfolio of well-established brands which operate predominantly across the make-up, haircare, fragrance, and skincare sectors. Revlon, Inc. was experiencing financial challenges which only intensified due to the pandemic as it faced supply chain disruption and rising raw material costs. It cited these factors as inhibiting its ability to meet customer orders. Changes in consumer behavior have also compounded the logistical challenges which persist due to the pandemic. Revlon, Inc. has the option to overhaul its business operations but the prospect of a buyout or the acquisition of some of its brands by a third party is also possible. 4. Read the cases below and specify whether the company is centralized or centralized: Kiara is a Ladies beauty salon in Bahrain. The salon manager has the authority to…