5. Explain the following in connection with Strategic Management: -Environmental Scanning - Industry Analysis - RBV (explain and give an example)

Define an industry segment. Demonstrate how KPIs and percent changes are calculated when it comes to industry segments. Briefly explain how US industry data is “modeled.” When will different types of industry data not appear on a STAR report?

fashionIndustry Overview: Introduce the industry. Describe the products or services offered within the industry. Discuss the geographic reach or market segments served. Briefly outline the industry's current lifecycle stage. 2.  Market Analysis of Fashion industry  Provide an overview of the market size and performance. Discuss macroeconomic factors that impact the industry – market drivers. Provide a market forecast analysis. 3.  Customer Analysis of fashion industry Define and profile the major customer groups or segments within the industry. Describe the characteristics, preferences, and needs of these customer groups. Highlight any shifts or changes in customer behaviour or demographics. 4.  Competitor Analysis of fashion industry  Identify and analyse the key competitors in the industry. Discuss their market share and positioning. Provide insights into their strengths and weaknesses. Mention any recent competitive developments or strategies. 5.…

Identify and describe an American firm of your choice that is challenged in its production operations to support its basic business needs to manufacture a high-quality product, safely, within budget, and on schedule. Its operations management is characterized by a culture that supports the vision and mission statements. This business problem (its production operations) includes a mismanaged supply chain, massive overtime wage payouts to make up for lost time injuries, increasing turnover and no shows at the work site, and where there is a spike in customer complaints resulting in business loss and narrowing profit margins.   As a decision maker, what action plan would you recommend to the senior leadership of the organization to take it from its current conditions to bring it closer to its ideal operating conditions (to become a company known for zero-defects, excellence in supply chain management, customer satisfaction, safe and reliable high-quality products, value to the customer,…