What do you think is the best tool or method for finding weaknesses? Why?
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What do you think is the best tool or method for finding weaknesses? Why?
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- What would it imply if, while performing a SWOT analysis, an organization could not identify any opportunities? What if it could not identify any threats?Scenario: You are recently employed as a manager in the head office of a Western fast-food chain multi-national enterprise, which is looking to expand into new markets in developing countries and take market share away from the competitors. You have recently been included as a member of a high-level strategic planning committee, which will play a key role in developing the company’s future strategy and direction. You have been invited to offer your considered opinions at the next meeting. In the context of strategic planning, discuss the strategic options you will present at the meeting. Answer this question in not more than 400 words.What is the PESTLE Analysis for Walmart up to date?
- CASE: Best Buy Pays Big Bucks for CEO Best Buy, the Richfield, Minnesota retailer awarded its new CEO, Hubert Joly, a pay package valued at as much as $32 million for three years. The slumping consumer-electronics chain with 1,400 stores had been without a permanent CEO for about five months.Mr. Joly, who is a native of France, will be paid $6.25 million if he is unable to get a visa to work in the United States. The deal further calls for Mr. Joly to get a base salary of $1.175 million for the coming years, but guarantees him an annual long-term cash award of no less than $8.75 million for the same period. Mr. Joly insisted on payments to make up for the compensation he leaves behind as he leaves his job as CEO of the hospitality chain Carlson Companies.Best Buy defended the arrangement saying that it had to compensate Mr. Joly for the money he left behind at Carlson, but that most of future pay is tied to incentives based on his performance for the company. According to one…CASE: Best Buy Pays Big Bucks for CEO Best Buy, the Richfield, Minnesota retailer awarded its new CEO, Hubert Joly, a pay package valued at as much as $32 million for three years. The slumping consumer-electronics chain with 1,400 stores had been without a permanent CEO for about five months.Mr. Joly, who is a native of France, will be paid $6.25 million if he is unable to get a visa to work in the United States. The deal further calls for Mr. Joly to get a base salary of $1.175 million for the coming years, but guarantees him an annual long-term cash award of no less than $8.75 million for the same period. Mr. Joly insisted on payments to make up for the compensation he leaves behind as he leaves his job as CEO of the hospitality chain Carlson Companies.Best Buy defended the arrangement saying that it had to compensate Mr. Joly for the money he left behind at Carlson, but that most of future pay is tied to incentives based on his performance for the company. According to one…Scenario: You work as a business manager for a multi-national company. Your department has a regional business office, with six employees and one support staff, in a developing country. At this point, the office has one desktop PC used by the support staff. The six employees are all very experienced and highly competent in traditional business process management techniques. One is a good mainframe IS professional. Their training and experience in using a PC, however, ranges from little to none. Your department has a decentralized philosophy in managing its regional offices. Your Chief Executive believes that positive customer relations are of paramount importance, and local autonomy allows the regional employees to fit into local cultural norms. Despite her decentralized philosophy, the Chief Executive just can’t stand to see this office so far behind the technological times any longer. She has charged you with bringing the office to a one-to-one employee/PC ratio. Develop fifteen…
- Is our strategy (planned action) robust enough to withstand the likely actions of our competitors, or do we need additional contingency plans?In what ways are the strategic management of business and military strategy alike? In what ways are they different?Possible outcomes include broadening the scope or introducing new features. Give some examples to show how the two concepts are different. Do you know where these two issues came from? What would happen if the two worst-case scenarios for this effort materialised simultaneously?
- 3. If a company has P1 million to spend on a new strategy and is considering market development versus product development, what determining factors would be most important to consider?identify the tools you would use for each scenario to measure and monitor the success of the changes you recommended for each organization.Apple is developing an iShirt, what would be some of the weaknesses and threats for the SWOT analysis to assist Apple with their marketing campaign?