Firms can be looked at as a chain of activities that transforms inputs into outputs that your customers value, this concept is common across all industries and regardless of the size of the business. Using the Value chain concept, identify the primary and secondary activities of Zutshwa Salt project or a business of your choice. In your analysis give live examples to demonstrate understanding
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- use the rightu as example Chapter 2: Detail description of the industry and industry analysis (Political, Economic, Socio-cultural, Technological, etc. SWAT analysis, Porter five forces, etc) .4.1) Creating a sustainable competitive advantage may be the most important goal of any organisation and may be the most important single attribute on which each business must prioritise. Explain the importance of managing information for sustaining competitive advantage.Discuss the overlap amongst operations, marketing, andfinance—the three functions basic to all organizations—forsmall medium enterprises.
- What are generic competitive strategies, and how are they implemented in a firms value chain activities?Cigna Accredo pharmacy should be discussed in detail using NAICS to specifically identify the industry. Provide an industry profile discussing major competitors and market position of those competitors along with your organization. The industry outlook will be future focused. There may be current changes that are going to impact the future; however, the focus of this section is not to be what HAS happened already. This must be forward-looking to assess the general environment the organization will face in the next three to five years. You should consider the PESTLE analysis and Porter’s 5 Forces Model as guides to consider the coming changes in the industry.5 Suppose you are writing a business plan for an event plannning business what are the: Complimentary Products / Services • Advances in Technology • Economic Conditions: improving / declining • Customer Demographics • Environmental challenges • Global forces of change • Governmental and regulatory changes now and pending • Social / Cultural issues existing and trending
- Explain corporate strategy, discuss why do firms need to grow, and evaluate different growth motives?Business strategy concerns A) choosing appropriate internal business processes for a specific line of business. B) ensuring consistency in strategic approach among the businesses of a diversified company. C) selecting a set of financial and strategic objectives for a particular line of business. D) selecting a business model to use in pursuing business objectives. E) strengthening the company's market position and building competitive advantage.Using the three disntinctive generic business strategy by Porters, which business strategy is most suitable for investment company that deals with assets management