What are the current technological forces (trends) in the external environment that might affect Your company's strategy? Research about the trend, provide the citation for your research, and explain if it creates an opportunity of thread for the company of your choice. (provide at least 2 trends and explain as above), AND Does (this company) have any core competencies? If yes, what are they? Does (this company) have a distinctive competency? If yes, what is it? Does (this company) have a sustainable strategy? in what way it is sustainable?
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What are the current technological forces (trends) in the external environment that might affect Your company's strategy? Research about the trend, provide the citation for your research, and explain if it creates an opportunity of thread for the company of your choice. (provide at least 2 trends and explain as above), AND Does (this company) have any core competencies? If yes, what are they? Does (this company) have a distinctive competency? If yes, what is it? Does (this company) have a sustainable strategy? in what way it is sustainable?
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- What are the current economic forces (trends) in the external environment that might affect the company of your choice (such as McDonald’s strategy)? Research about the trend, provide the citation for your research and explain if it creates an opportunity of thread for the company of your choice. (provide at least 2 trends and explain as above) AND Does (this company) have any core competencies? If yes, what are they? Does (this company) have a distinctive competency? If yes, what is it? Does (this company) have a sustainable strategy? in what way it is sustainable?Select an existing company in any industry, and identify the following points: Introduction: Describe the company, its industry, and its business context. Critical incidents: Include any stories of the organization's challenges or achievements. How did it overcome the challenges? How did it accomplish its achievements? Investment potential: Include any of its current issues that need to be addressed or its potential goals for growth. Conclusion: Would you invest in this company? Why or why not?Which industry for which you are considering developing a strategic plan? What industry are you currently working in? Same as above or some other? If it’s different, please identify the one that you’re currently working in. Mission (Purpose of the company, and what the company strives to do) Vision (Desired future achievements and state it wants to be in) Values (How employees should conduct themselves and their business to achieve the mission) Establish Major Goals (Goal – be precise and make sure those are measurable goals)
- Discuss the four strategies/ alternatives under the Ansoff's Strategic Opportunity Matrix (market penetration, market developement, product development, and diversification) which matches products (new or existing) to markets (new or existing) and provide real life examples to support your answers. Also, play the video on "Jeff Bezos explains Amazon's Competitive Advantage" https://www.youtube.com/watch?v=psPf-tx9OwY&t=1s As a marketing student, please address the following questions: (1) According to Jeff Bezos, what are Amazon’s competitive advantages over its competitors? (2) This interview was conducted in 2010. Are the competitive advantages that Mr. Bezos mentions still relevant for the company today? (3) What is the experience of Amazon with the Kindle? When Amazon started, its initial competition was with Barnes and Noble: what happened and where is Barnes and Noble now? Is Barnes and Noble still a market leader? Why? (4) What strategy (in the Ansoff's Strategic…Research a company that has gone bankrupt or otherwise stopped operations in the past decade because their strategy was “stuck in the middle” of otherwise viable generic business-level strategies. Could its demise have been prevented?What are the two main sources of competitive advantage that a company might want to pursue (according to Grant 2016)? Select one: a. Cost advantage and differentiation advantage b. Low cost and high cost C. Sales volume advantage and added value d. Broad market advantage and narrow market advantage
- Discuss the four strategies/ alternatives under the Ansoff's Strategic Opportunity Matrix which matches products (new or existing) to markets (new or existing) and provide real life examples to support your answers. Also, play the video on "Jeff Bezos explains Amazon's Competitive Advantage" As a marketing student, please address the following questions: (1) According to Jeff Bezos, what are Amazon’s competitive advantages over its competitors? (2) This interview was conducted in 2010. Are the competitive advantages that Mr. Bezos mentions still relevant for the company today? (3) What is the experience of Amazon with the Kindle? When Amazon started, its initial competition was with Barnes and Noble: what happened and where is Barnes and Noble now? Is Barnes and Noble still a market leader? Why? (4) What strategy (in the Ansoff's Strategic Opportunity Matrix) did Amazon adopt in the beginning (1995-2005)? In 2010? Which strategy (in the Ansoff's Strategic Opportunity Matrix) has…Which is the most important for company's competitive advantage: internal consistency or market competitiveness?Competitive Analysisa. How do you describe your competition, both direct and indirect?
- 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.Select an existing company in any industry, and identify the following points: Introduction: Describe the company, its industry, and its business context Critical incidents: Include any strories of any organization challenges or achievements. How did it overcome the challenges? How did it accomplish its achievements? Investment potential: Include any of its current issues that need to be addressed or its potiential goals for growths Conclusion: Would you invest in the company why or why not?Analyze a competitive situation or industry practice in a 4 to 6 page, APA formatted written paper. You should choose a topic early on in this course. All papers must be strategy papers, meaning they must be about firms. However, there is a great deal of flexibility in the choice of topic. First, choose an industry, based on interest in the industry. Examples of industries range from advertising to zoos, and include digital watches, private jets, diapers, over-the-counter cold and flu formulas, photographic film, automobiles, airlines, football, romance novels, dating services, banana production, or pre-stressed concrete, computer printers, pagers, business schools, used cars sold over the web, movie theaters. Having chosen the industry, you will need a question or issue on which to focus. Such questions could be broad (What strategies are most likely to sustain profitability?) or narrow (Should firm X build a new plant? Where?). Good questions encourage you to think…