Need a conclusion for the essay. Essay parts Below: Introduction: As a company begins or continues to grow, there are many steps they must take in order to determine the opportunities and threats available. An external factor evaluation matrix can help in regulating how quickly and easily a company can expand in a certain area. Competitive profile matrix is a tool that provides information on the competitive advantage a company has to others in the same industry and their critical success factors. Expansions in business are constant and companies must learn to adapt to their environments by using tools such as the matrices to do so. Paragraph 1: External factor evaluation matrices are used by companies in order to determine possible opportunities and threats in expanding the company. EFE matrices provide the possibility of a company to handle risk management on a higher level and also help raise awareness to possible threats before they are able to affect the business. Paragraph 2:  An…

how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…

Can you answer me as soon as possible , urgentttttt!!!!!!!!!!! You are the Business Development Manager of a leading manufacturer of high-priced apparel for children in Hong Kong, Cotty Care, which is famous in producing organic cotton clothes for kids with a mission of providing sustainable clothing to the new generations. The Board of Directors is exploring the possibility of exporting its product overseas as the firm still has idle manufacturing capacity. The directors believe there is a market for their apparel in Europe, which could generate extra sales and profit for the company. (a) What are the FOUR questions to address in analysing organizational readiness for international business? Illustrate each question with an example from Cotty Care’s case. Is Cotty Care ready for international expansion? Explain.

The obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include A) taking the lead in developing the company's business model and strategic vision.   B) coming up with compelling strategy proposals to debate against those put forward by top management.   C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives.   D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation. E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.

Current Business Strategies Report  In order to bring current examples of strategic issues and problems into the class, each student will present a current business strategies report.  The report should be drawn from one specific news article in the business press and should deal with a topic within the last 12 months.  The article(s) should highlight the strategic issues facing a particular firm or industry and should be directly related to specific topics of this course.  Your oral report should include the following points: (specific guidelines to be reviewed in class) A very brief review of the key facts of the article- what it’s about; why it’s interesting; why it’s important Identification and explanation of the key course concepts, tools, topics that this report relates to.

'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: a) The sufficiency of strategic management accounting components in achieving the new firm's roles in comparison to the traditional management accounting. 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…

ABC Group is considering entering into a new business. It has two options as mentioned below;i. ABC Cosmetics: with the growth working women in the country, this business can be expected to grab a significant customer base.ii. ABC Fashion: This business is targeted toward business executives (both male and female)who value the importance of smartness and looking good at the workplace.Which of these two business options should ABC choose and why?

Strategic Management is a discipline that requires the continuous interrelationship among various functional managers. As a business strategy Management Trainee you are required to answer the following questions by supporting each response to detailed examples. Required:1. In one of the definitions used by Pearce and Robinson, Strategic management was described as the “art and science of formulating, implementing and evaluating crossfunctional decisions aimed at achieving organizational goals”; Briefly discuss the context in which strategic management could be described as ‘an art’ and when it also could be described as ‘a science’ 2 Describe the strategy formulation process; clearly explaining three major activities that are undertaken at this stage?   3. Distinguish between business level strategies and corporate level strategies; clearly giving examples under each.

There are several steps in the planning process. Review the variations shown in the table below. Which list is correct? A 1. Analysis + mission strategy 2. Mission + goals plans 3. Operational goals > tactics 4. Strategic plans > tactical plans 5. Tactical goals > operational goals 6. Strategic goals > operational plans B 1. Analysis + mission strategic goals 2. Mission strategic goals > plans 3. Strategic goals + plans > tactical goals 4. Plans + tactical goals > tactical plans 5. Goals tactical plans > operational goals 6. Tactical plans + operational goals > plans Which list of steps reflects the best order for the planning process? A O B с O O с 1. Tactical plans lead to strategic goals. 2. Strategic goals lead to strategic plans. 3. Plans are based on tactical goals. 4. Plans are based on operational goals. 5. Goals based on environmental analysis. 6. Analysis determines the mission.