BUSINESS CASE ANALYSIS Make a Statement of the Problem about the Company: Apple Includes key issues/problems of the company or organization. Defining the opportunities, threats and problems. Analyzing and recording the current situation and identify both real and potential problems of the organization. Identifying the primary and secondary problems encountered by the chosen industry.
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BUSINESS CASE ANALYSIS
Make a Statement of the Problem about the Company: Apple
- Includes key issues/problems of the company or organization.
- Defining the opportunities, threats and problems.
- Analyzing and recording the current situation and identify both real and potential problems of the organization.
- Identifying the primary and secondary problems encountered by the chosen industry.
Step by step
Solved in 3 steps
- For each of the following report situations, write a clear problem statement and list what factors could or should be explored. A manufacturer of breakfast cereals wants to attract a new demographic of consumers. The manufacture of a toothpaste wants a bigger share of the toothpaste market. A company wants to give its stockholders a summary of its operations for the past calendar year. A building contractor engaged to remodel an office for the Company X submits a report summarizing its weekly progress The supervisor do Department X must prepare a report about the need for a new staff member Baker, Inc is experiencing higher than normal employee turnover. An executive must rank three subordinates on the basis of their suitability for promotion to a particular job. A restaurant manager must compare two possible suppliers of fresh seafood. An investment consultant must advise a client on whether to invest in the development of a lake resort. A consultant needs to help a wine shop…Discuss, with reasons, whether they fall into the category of applied orbasic research. Scenario 3 Effects of service recovery on customer satisfaction A research scientist wants to investigate the question: What is the mosteffective way for an organization to recover from a service failure? Herobjective is to provide guidelines for establishing the proper "fit" betweenservice failure and service recovery that will generalize across a variety ofservice industries.Answer the following scenarios by providing the applicable analysis type and benefits: a. The Marketing Department is planning a "direct mailing" campaign. To minimize the cost of the campaign it should determine which customers are most likely to respond to the offer. b. The Sales Department, in order to increase sales, has to decide which combination of products should be recommended to a particular customer. c. The Marketing Department is to prepare or modify the products and services offer so that it optimally matches the needs of different customers. d. The CRM Department is to determine the profile of clients who intend to resign from our services, and then take actions to keep them
- The business research process involves a series of steps that systematically investigate a problem facing the organization. Select one example of a business problem and discuss the sequence of steps that can be followed to conduct the business research to help in decision making. (decision making subject)I need a detailed outline of a report about a future issues in the real estate/ property management industry. Report must be about future issues in the real estate/ property management industry. Consult an in-depth article from a business publication on a topic or issue about this industry. Such topics are often discussed in year-end or year-beginning issues of publications or business programs. Examples of topics might be things like increase in cost of living, rising inflation and labor shortages (at least two out of the three topics should be discussed).The outline must describe the issue and its potential impacts on a real estate company. This assignment must be one to two pages long, and it should be a detailed outline, with clear topic sentences, sources of information, and key points highlighted. Outlines have specific formatting and layout requirements. The point is to have a clear direction and to demonstrate an understanding of the topic researched/ discussed.XYZ Company is planning an advertising campaign for its new product. The media considered are television and radio. Rated exposures per thousand dollars of advertising expenditure are 10,000 for TV and 7,500 for radio. Management has agreed that the campaign cannot be judged successful if total exposures are under 750,000. The campaign would be viewed as superbly successful if 1 million exposures occurred. In addition, the company has realized that the two most important audiences for its product are persons 18 to 21 years of age and persons 25 to 30 years of age. The following table estimates the number of individuals in the two age groups expected to be exposed to advertisements per $ 1,000 of expenditures: Exposures per $1000 Age TelevisionRadio 1821 2,5003,000 2530 3,0001,500 Management has rank ordered five goals it wishes to achieve, arranged from highest to lowest priorities. a) Achieve total exposures of at least 750,000 persons. b) Avoid…
- XYZ Company is planning an advertising campaign for its new product. The media considered are television and radio. Rated exposures per thousand dollars of advertising expenditure are 10,000 for TV and 7,500 for radio. Management has agreed that the campaign cannot be judged successful if total exposures are under 750,000. The campaign would be viewed as superbly successful if 1 million exposures occurred. In addition, the company has realized that the two most important audiences for its product are persons 18 to 21 years of age and persons 25 to 30 years of age. The following table estimates the number of individuals in the two age groups expected to be exposed to advertisements per $ 1,000 of expenditures: Exposures per $1000 Age Television Radio 18‑21 2,500 3,000 25‑30 3,000 1,500…Describe how decision analysis is similar to and different from simulation analysis and scenario analysis (at least 75 words)ahmed's interest was crick. when he finished university, he wanted to work in a management job. he wanted to do his research project on some aspect of general management and social sciences, preferably for a sports goods manufacturer but had no research idea. he asked five friends, all taking business education degrees, to help him brainstorm the problem. you are requested to use the following problem-solving techniques to generate and refine the research idea in this business scenario. a) the technique of brainstorming b) the Delphi technique
- The business research process involves a series of steps that systematically investigate a problem facing the organization. Select one example of a business problem and in about 500 words, discuss the sequence of steps that can be followed to conduct the business research to help in decision making.Feasibility Analysis is the process of determining whether a business idea is viable. It is the preliminary evaluation of a business idea, conducted for the purpose of determining whether the idea is worth pursuing. Part 1: Product/Service FeasibilityA. Product/service desirabilityB. Product/service demandPart 2: Industry/Target Market FeasibilityA. Industry attractivenessB. Target market attractivenessPart 3: Organizational FeasibilityA. Management prowessB. Resource sufficiencyPart 4: Financial FeasibilityA. Total start-up cash neededB. Financial performance of similar businessesC. overall financial attractiveness of the proposed ventureYou operate a fast food restaurant in downtown Kingston which sits beside the Morant Bay taxi stand they make JMD$2,000,000 from 2,000 passengers buying breakfast and dinner as they arrive and leave Kingston to and from Morant bay. The cost to build a new franchise in Morant Bay is JMD$10,000,000 and operational costs for staff and expenses is…Determine the type of business analytics for the following scenarios. A. Imagine you are a meteorologist. You have to foretell the weather for the next two weeks by analysing the data from the satellites. Here, you have to apply advanced statistical, information software, or operations research methods to identify predictive variables and build predictive models. Discuss in detail which type of business analytics will be suitable for this scenario.