Environmental factors can cause major setbacks for a given industry. Select a company in an industry that was recently affected by negative environmental factors for which you would like to implement strategies to reduce costs. Describe the company and the negative environmental factors that caused major setbacks. What strategic financial decisions would you implement to help either increase revenue or reduce costs?
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Environmental factors can cause major setbacks for a given industry. Select a company in an industry that was recently affected by negative environmental factors for which you would like to implement strategies to reduce costs.
- Describe the company and the negative environmental factors that caused major setbacks. What strategic financial decisions would you implement to help either increase revenue or reduce costs?
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- All companies love to reduce costs, but this is not always feasible. Environmental factors can cause major setbacks for a given industry. Select a company in an industry that was recently affected by negative environmental factors for which you would like to implement strategies to reduce costs. Describe the company and the negative environmental factors that caused major setbacks. What strategic financial decisions would you implement to help either increase revenue or reduce costs?From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today. Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?Identify the six forces that shape competition in an industry. Describe how changes in the strength of these forces affect prices, profitability, and under which circumstances each can be considered a threat or opportunity. Why is a competitive analysis using the competitive forces framework a benefit to industry?
- Conduct online research on Amazon, including both company and non-company sources in order to answer the following questions. From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today. Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?Give an overview of the consumer electronics industry. Then, identify and characterize the major players that may be a threat to profits in each of Porter's Five Forces for your selected industry. finally, apply Porter's Five Forces to consumer electronics, and identify and characterize potential players that may form a value net. Consumer Electronics - apply Porter's Five Forces to consumer electronics, and identify and characterize potential players that may form a Value Net.What kinds of changes in the competitive environment occur when an industry begins to mature? Identify three strategic approaches that are well-suited for this type of industry environment.
- The Bureau of Economic Analysis provides profit data for various industries in the United States. Go to www.bea.gov From Data choose By Economic Account – click on National – click on Corporate profits – scroll down and click on Interactive Data. You will be using the table 6.16D “Corporate Profits by Industry”. In your initial response to the topic you have to answer all questions: 1. Based on the most-recent figures, which of the following categories of industry classifications has the greatest profits: Financial or nonfinancial Manufacturing , transportation and warehousing, wholesale trade, or retail trade Durable goods or nondurable goods 2.During the past years, which sectors had the largest and smallest percentage increase in profit? 3. Which sectors, if any, experienced losses? 4. What are the implications of the profit changes for expansion or contraction of the particular industries? 5. Reflection – the students also should include a…Form a small group and conduct a customer value analysis for competing companies in an industry of your choice. Who are the strong and weak competitors? For the strong competitors, what are their vulnerabilities?Think of a business you have been planning to start or a product you always wanted to sell in Canada. What will be your marketing plan in order to get that product approved by Service Canada. List the innovative use of the product and how by starting the new business or by launching the new product you are going to help the economy? Also do Environment Scanning and make a list of Internal and External factors affecting your business and how you will manage them. Marketing Plan must be unique and innovative to capture the attention of audience and society.
- Companies are constantly researching their economic status to determine the company's projected business performance. The scales of the economy are directly related to how to market the business. Determining the marketing strategy of direct mail marketing, text messaging marketing, search engine marketing, advertising experts, and/or digital marketing. In this discussion question, you will apply theory from your past courses in economics and marketing: Describe how you should consider inflation when analyzing your existing or new business idea/product/service or creating a strategic management approach? Provide three (3) options that you will consider for pursuing new market opportunities. How could the options for pursuing marking opportunities be applied to your career planning at the current stage of your career? You should consider the business idea or new product/service in your Capstone. Describe in details to support your response.Choose from the following agricultural/agribusiness industry that you are interested with. Be specific. Animal production or livestock industry Plant/horticulture industry Crop industry Fishery Others ( be specific) After choosing an industry, you are asked to research about it and be able to answer the following questions: How attractive is the market? In what way are competitors expected to respond if you enter the market? What is the current size of the market and how large is it expected to become? What are the current and projected growth rates?In Porter and van der Linde's article "Green and Competitive," they put forth the argument that environmental regulations can promote economic competitiveness and not hinder it (which is the traditional position). Review the basic elements of their argument, and after that, discuss whether you "buy it," and if "yes" why, and if "not" why not?