Critically examine the advantages and disadvantages of such a decision both to the organization and its customers
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Corner Investments Ltd is a Procurement and Logistic Company. The Board of Directors want to change their business Strategy from Traditional Commerce to Ecommerce by the year 2020. You have been requested to advise the Board of Directors on the impact the change of strategy will have to the organization.
Critically examine the advantages and disadvantages of such a decision both to the organization and its customers
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- It is Monday morning and you are browsing the website of your competing firm FAZ, suddenly you noticed that FAZ hired a new director of sales. Presumably, this person will be responsible, among other things, for taking your competitor's sales team to the next level. As long as this person is halfway decent to his job, it won't be long before your sales reps find themselves in an increasing number of competitive deals. This scenario is best related to: Strategic and competitive intelligence professionals O Customers intelligence O Competitive intelligence Competitors' research and developmentSuppose that Switch decide to extend the business operations to nutrition consulting whereby they offer consulting services with a focus on energy and performance enhancement. In addition, they provide nutrition plans that include nutrition plans that include recommendations for including Switch Energy drink into their diets. The business unit has been able to acquire many customers despite its recent entry into the market. However, management are concerned that they may lose customers, similar to their product line. Provide a report in which you recommend to management, how they could instil a service culture within this unit so as to avoid the loss of customers.Which of the following factors was probably the most important consideration in Uber's decision to purchase Postmates with respect to whether or not the meal delivery services industry presented a sufficiently attractive business opportunity? O constructing a strategic group map to assess the attractiveness of the competitive position of each strategic group to determine the overall attractiveness of all the strategic groups in the food delivery industry O using value chain analysis to determine the relative cost positions of rival firms in the food delivery industry and who is the industry's lowest-cost producer O determining which firms in in the food delivery industry have a competitive advantage and how they attained their advantage O determining the overall strength of the five competitive forces shaping the food delivery industry O determining the outlook for future profitability in the food delivery industry
- Those factors that provide possibilities for a business to expand so as to make more sales and profits. Constraints are those factors that limit the ability to grow and reduce sales and profit potential. A useful way of assessing opportunities and constraints is to carry out what is known as a SWOT analysis. Strengths and weaknesses are internal to an organisation. Typically, they relate to the resources of the organisation, and its structure and leadership, as well as the extent of its marketing. Market focused organisations are strong because they know what their customers want. Opportunities and threats (constraints) exist in the external environment. Opportunities relate to the market, to the development of new technologies, and external factors such as government policies. Threats relate to what the competition is doing as well as legal and other constraintsA good example of external opportunities and constraints is that of the building industry in the UK today. The government is…John Ozment, director of special projects and analysis for Ozment’s Corporation, is responsible for preparing corporate financial analyses and monthly statements and reviewing and presenting the economic impacts of proposed strategies to upper management. Data for such financial analyses are obtained from operations and financial databases through direct queries of Ozment’s department staff. Reports and charts for presentations are then prepared by hand and typed. Multiple copies are prepared and distributed to various users. The pressure on Ozment’s group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found.The systems department wants to develop a proprietary software package to produce the reports automatically. The project would require the company to make a considerable programming investment. Ozment is concerned about the accuracy, completeness, and currency of data isautomatically produced reports. He has…How would you expect this situation to affect the assessment of Eastern’s financial condition and performance? Although nonquantitative factors may be relevant to a company’s financial evaluation in general terms, the details of this specific situation are not relevant to the firm’s financial condition or performance. Its one-product strategy increases Eastern’s efficiency and will ensure its long-term financial success. Although its profits are declining now, these efficiencies will ensure the company’s long-term success. Eastern’s profits will continue to decline, and the company’s survival is in jeopardy if it does not create a new product with more potential for market growth.
- How can Cigna insurance relate to these questions? What is and should be the relationship between an organization’s mission and its strategy? What are the key advantages and disadvantages of outsourcing and offshoring, and should these practices be regulated? Explain why or why not! Why do stakeholders in the same organization often have different goals? Would it not be best if they shared the same goals? Explain your findings! Research a recent example of a company’s ethical violation in the news and briefly describe what you believe went wrong by covering the who, what when and were of the incident.10.How are entrepreneurs behaviorally different from managers? When can we expect entrepreneurs to behave managerially? When can we expect managers to behave as entrepreneurs? 11. Research a company and inventory its resource base by using the six types of resources discussed. Evaluate these resources in terms of the four attributes of resources necessary for SCA. Does the company have a competitive advantage? A sustainable competitive advantage? What recommendations about resource procurement and development would you make for this company? 12. Ask an entrepreneur to describe the keys to successful entrepreneurship. Ask the entrepreneur to estimate how much of his or her success was the result of luck or unknown factors. Do the answers seem to fit the resource-based model?Manage Your Health, Inc. (MYH) is a Fortune 500 company that provides a variety of healthcare services across the globe. MYH has more than 20,000 full-time employees and more than 5,000 part-time employees. MYH recently updated its strategic plan; key goals include reducing internal costs, increasing cross-selling of products, and exploiting new Web-based technologies to help employees, customers, and suppliers work together to improve the development and delivery of healthcare products and services. Below are some ideas the IT department has developed for supporting these strategic goals: 1. Recreation and Wellness Intranet Project: Provide an application on the current intranet to help employees improve their health. A recent study found that MYH, Inc. pays 20 percent more than the industry average for employee healthcare premiums, primarily due to the poor health of its employees. You believe that this application will help improve employee health within one year of its rollout so…
- A company that pursues and achieves strategic objectives: Answer C) is frequently in a better position to improve its future financial performance because of the increased competitiveness that flows from the achievement of strategic objectives. D) is likely to be a weak financial performer because diverting resources to the pursuit of strategic objectives takes away from the achievement of financial performance targets. B) is generally not strongly focused on its true mission of making a profit. A) is likely to weaken the achievement of its short-term and long-term financial objectives.In a recent budget, there was a significant increment of duties on imported Computers. You are a Sales Manager of H Technologies limited, a local computer company. Due to increase in import duties, it is feared that Computer sales of the local company would be dropped. Write a memorandum to the Managing Director of the H Techologies Ltd informing him about the impact of duties on sales.Suppose you work at a clothing manufacturing company. When developing a sourcingstrategy, it is important to consult the strategy sourcing mix. To better understand the strategic sourcing mix in relation to the clothingmanufacturing company, provide original examples for: Routine items Leverage itemsYou are required to explain why each of your examples justifies the respectivecategorisation.