Exercise 3: Read and analyse the quotation below. Share your ideas in the box provided. 1. "Plans are nothing; planning is everything. Dwight D. Eisenhower 2. "If you don't know where you are going, you'll end up someplace else." - -Yogi Berra
Q: Choose a product and use the checklist method to develop new ideas WITH EXAMPLES
A: To stay ahead of your competitors a business should keep a careful check on their product line and, ...
Q: explain what is Diversification & Buy and Hold Strategy and what is its benefit?
A: Diversification is usually a practice or a business strategy which involves companies and firms expa...
Q: Define the concept of distribution channel used by Makro
A: Below mentioned are some of the functions that a company's distribution channel provides: Transacti...
Q: Why should companies protect trade secrets and proprietary information? Cite 3 examples about what w...
A: Trade secrets are a crucial aspect of a business that must be safeguarded. Trade secrets, in general...
Q: What is the process of finding and retaining the most qualified employees to help a company reach it...
A: Skilled employees are an asset for the organization. They help in achieving the organisational goals...
Q: Create the project management plan, project charter, enterprise environmental factors (EEFs), and o...
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If ...
Q: Choose a company that creates a product or offers a service that you are familiar
A: Coca-cola company is the biggest manufacturer, distributor, marketer of beverages in the world, it w...
Q: What are the three main types of "attack" when discussing managing global competitive dynamics?
A: Global Competitive Dynamics refers to the study of the rivalry amongst multiple firms that share eit...
Q: Instruction: Base from your Opportunity Spotting and Assessment, seize the opportunity through creat...
A: A marketing plan is very important to draw before going into the market. It helps the company to ali...
Q: What is odd-even pricing?
A: The very last digit of a service or product price is used in an odd-even pricing strategy. An odd pr...
Q: Strategy: _Nov soybeans at $9.16/bu and simultaneously Jan soybeans at $9.30/bu. (insert “buy" or “s...
A: As per the Bartleby Honor code we are not supposed to answer more than 1 question at a time. Please ...
Q: e vision process involves: a. describing the organization's core ideology b. looking at desired perf...
A: REASON- a vision is an outflow of what the association needs to become, what it needs to be, to be k...
Q: Create a simple 30 second ad script for an online shop commercial
A: The above question is related to the promotion of an online shop commercial which aims at selling co...
Q: The choice of a supply chain involves what three steps?
A: The choice of supply chain basically involves the following three step- 1. The strategic level 2. Th...
Q: How do you feel about the data that is being collected from websites, Amazon, retail stores, and the...
A: * Now with growing data concentration and implementation of data into drafting policies / strategies...
Q: 4. Describe the mood or atmosphere in the first few pages of the play. 5. The scene changes from Wil...
A: "Death of Salesman" is a play that was written by American Playwright Arthur Miller, which was premi...
Q: Identify and explain the 3 important functional areas of business organisations and briefly describe...
A: The three important functional areas of business organisation, which are interrelated to each other ...
Q: Outside of the intrinsic properties of the product, what else is involved in a customer’s decision t...
A: Apart from the intrinsic properties there are some properties or factors customers takes in consider...
Q: Conduct an online search of lip balm products and compare the price of a Carmex product with three s...
A: When selling a product or service, a company may employ a range of pricing tactics. Senior executive...
Q: nswer the s based of-
A: There could be major conflict between Biff and and Willy as they both are odds and have contradictor...
Q: What is meant by exclusive dealing?
A: The retailers are the three teir chain in distribution channel. It means it includes producers, whol...
Q: Describe and relate this word to research.
A: Research is STUDY. Studying about the consumer and their taste & behavior towards some particula...
Q: What competitive advantages does Macy's retailer have? Which generic strategy Macy’s should be follo...
A: Macy's departmental stores is an American Retail Chain brand that has been operational since 1858, a...
Q: Audiotech is a small, family- owned firm, it believes it should evaluate and consider global Global ...
A: Every company try to gain as much customers as possible to increase their profits. In any capitalist...
Q: top 5 reasons why tarrifs are being used
A: Trade between countries has grown leaps and bounds with globalization and the advent of internet. So...
Q: Michael is the marketing executive of SHOPEE and he is planning to launch the 2.2.22 online SALE thr...
A: Discounts are offered by the sellers to attract more customers and are usually given at the time of ...
Q: The Regal Inn is a 30‐unit, motel in the less scenic part KZN. The owner, Mr. Mkhwanazi, firmly beli...
A: Every company works in an environment which influences every of its actions. This can influence the ...
Q: a suburb is experiencing a boom in young couples buying homes. Give two examples of retailers who co...
A: Retailers sell goods and services directly to the consumer and in smaller quantities as compared to ...
Q: Economic conditions of the country:
A: It's tough to say whether cutting costs or growing income is more vital for all businesses. There ar...
Q: A manufacturer of motor oil has a trade discount policy whereby the manufacturer’s suggested retail...
A: The margin of any product is the the sales price minus the cost. This cost is mainly the variable co...
Q: How will you encompass what you learn in the Operational Strategy course into a working/educational ...
A: The Operations Strategy framework unifies the analysis of strategic challenges in manufacturing and ...
Q: Using the wheel of retailing, describe the characteristics of a new retail form that has just entere...
A: Wheel of retailing is a concept which shows the complete life cycle that some businesses undergo. It...
Q: Please explain the
A: The use of temporary hair curling and hair straightening tools Hair, like any other part of your b...
Q: What are some of the critical ethical challenges to firms competing in the global economy?
A: Some of the historic instances of financial crisis are taken into consideration, where it was observ...
Q: Which channel and intermediaries will be the most profitable?
A: Distribution channel is the the medium through which the product moves from the company to the custo...
Q: explain a commercial risk Sushiro faced when it operates overseas
A: Commercial risk magnifies in case of overseas business .we will discuss some prominent commercial ri...
Q: Give examples of consumer behaviour theories that affect sustainable consumption
A: Ans. Introduction Sustainable consumer behaviour is the perception of the consumers about the sust...
Q: Distinguish among traditional marketing channels, electronic marketing channels, and different types...
A: A marketing channel of distribution, or simply a marketing channel, is made up of persons and busine...
Q: What does the economic environment consist of as far as marketers are concerned, and why is it so im...
A: The term "economic environment" refers to all economic elements that influence business and consumer...
Q: Should cost be a factor in Carmex’s prices? What do you think is a reasonable markup for Carmex and ...
A: A marketing manager will utilise more than one way to determine the cost of its items when determini...
Q: When Ralph Lauren makes shirts to a customer’s exact preferences, what utility is provided?
A: After the purchase of a particular product, the next step of the product is to consume the product. ...
Q: What are the four main focus of Technopreneurship? Explain each
A: Definition : The Technopreneurship is the mixture of the technology and the entrepreneur, it is basi...
Q: research
A: RESEARCH: Research is defined as " Careful consideration of study regarding a particular concern or ...
Q: Steps or process to follow to develop an effective communicatiopn plan
A: The business and marketing focus on its effective communication for ensuring works of different depa...
Q: Joie `s Brownies is a new Egyptian startup offers some trendy American desserts in a trendy way demo...
A: Pricing strategy: Joie's Brownies pricing does not differentiate greatly between its most expensive...
Q: If most consumers cannot identify any difference in quality among similar products, consumers will b...
A: If most consumers cannot identify any difference in quality among similar products, consumers will b...
Q: 1. What are your initial impressions of Biff and Happy? 2. What conflicts do they face in their live...
A: Biff gives the impression of being a defeated figure at first glance. "In these days, he sports a we...
Q: How do consumers react to sustainable marketing strategies ?
A: Sustainable marketing techniques are inescapable for firms in the twenty-first century. Companies ha...
Q: difference between directs and stores? Give an example of each.
A: The difference between direct and stores is that direct outlets sell only those products which have ...
Q: You need to have a talent management strategy in place designed just for your company a. Attract E...
A: Every company is formed by people and is created to serve people. Therefore employees are the most i...
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- ERENCES: Mastery Test 6 A. (1-5.) Read the following editorial. Then check (✔) the five statements which are most logically supported by the information given. 'The American health-care system is clearly in crisis. But only with the Barack Obama administration has the government sought an obvious solution: a nationwide program of universal health care-one that covers every single American-administered by the federal government. It's not that we could not establish such a system-dozens of countries have already managed to do so, with great success. "Americans simply have a gut- level conviction that competition and the profit motive-the free market, in other words-is the only way to maintain the "best health-care system in the world." "The truth of the matter is quite the contrary. "The American health-care system has the highest operating expenses (14 percent) among the systems of all other industrialized countries. 'The obvious reason is that for-profit corporations run most of the…Please indicate and explain whether you agree or disagree with the statements. Please explain your answer with example(s) Only agree/disagree, true/false or right/wrong answers will not be evaluated. 6. Through market targeting, companies divide large, diverse markets into smaller segments that can be reached more efficiently and effectively with products and services that match their unique needs. Explanation:Review Table 6.1: A Comparison of the Philosophies Used in Business Decisions (p.158). When you post your main Discuss post, please clearly label each part of your response so that we can all easily understand what part you are answering.
- Each question should require no more than a 1 to 2 paragraph response: 1) Apple's ESG incentive focuses primarily on the bonus. In thinking about the (a) typical size of the bonus relative to total chief executive compensation and (b) taking into account the size of the ESQ "modifier" Apple will use (based on ESG performance), do you consider the incentive to achieve ESG goals to be too small, too large, or just about right? Explain 2) In looking at the ESG incentive at Starbucks, is it about the same, stronger, or weaker than what Apple will use? Explain. Given Starbucks business strategy and its stakeholders, would it make sense for Starbucks to use the same, stronger, or weaker ESG incentives, especially in the diversity and inclusion area, compared to Apple? 3) Do you have any suggestions for either or both companies that might make their ESG incentives more effective?Title 1 Normal 1 No Spac... Heading 1 Heading 2 Styles Paragraph 7. Managers are frequently criticized for focusing too much attention on the achievement of short-term goals. In your opinion, how much attention should be given to long-term versus short-term goals? In the event of a conflict, which should be given priority? Explain your answers. Feb 4, 2022, 7:52 PM 17 !! 山2) In the military strategic decisions tend to be made by senior officers. In the business world they are usually made by--- O upper level management the CEO alone O front-line employees O mid-level management
- How do I respond in 100 words to this? Strategic management is a process that is determined by the mission and goals within the organization. Strategic management for an organization consists of their internal and external environment, where strategies are implemented by leadership while analyzing the organization strengths and weaknesses within the scope of their internal and external environment to attain successful goals. As for any organization, there should be a clear understanding of what the organization has to offer and how they aim to deliver on their products and services provided. There should also be a reason behind why the organization exists. If the organization's market orientation makes a sudden change, implementing new strategies will provide a more long term basis. The downfall for many organizations is the lack of fundamental understanding to determine best practices of successful strategies to increase profitability within the organization. The vast majority of…how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…Read on or more of these article(s), taking careful notes. Respond in your own words (no direct quotes) in 2-3 sentences each. A. The Cognitive Burden of Poverty. What are some of the cognitive effects of poverty identified in this article? Which cognitive effects of poverty have you observed in yourself or others? How can these be addressed? B. Ariely Redux: Dollars and Sense Explains How We Make Money Mistakes. What is one money mistake described in this article that you have observed in yourself or others? Why do people make this mistake? How can we avoid making this mistake? C. All the human flaws and biases that prevent you from managing money better. Which of the flaws described in the article have you observed in yourself or others? Which flaw is most dangerous? How can we address it?
- No need generalized answer please dont reject its link just to answer my question dont reject auto ok LEAD.300.C1 Management and Leadership Wk 7 Discussion Forum: Situational Analysis In preparation for this week's discussion, focus on the Boldflash case, You will also need to do a little bit of Google searching on the flash memory industry. Here is an interesting video by a chess master. http://ed.ted.com/lessons/working-backward-to-solve-problems-maurice-ashley Now, assume you are Roger Cahill (Boldflash case)you are about to give a presentation senior management about the fact that you are losing market share even though they are in a growth market. In your first post, what do you need to say about the situation?How do I respond to this in 100 words? Strategic management involved the ongoing process of establishing an organization's mission and objectives, considering both its external surroundings and internal strengths and weaknesses; it includes devising and executing strategies, as well as monitoring and adjusting them to guarantee the achievement of desired goals. Strategic management is very important because it provides organizations with a competitive advantage, assists with the allocation of resources, steers direction and focus, helps align and coordinate organizational members and functions toward a common goal, allows for adaptation to change, and drives performance optimization. Porter's Five Forces Model is a framework developed to analyze and evaluate the competitive forces and the attractiveness of the industry through the identification of five key forces that determine the competitive intensity and profitability of an industry. The five forces are the threat of new…Read the following text and write short headings for each paragraph. MARKET LEADERS, CHALLENGERS AND FOLLOWERS 1.In most markets there is a definite market leader: the firm with the largest market share. This is often the first company to have entered the field, or at least the first to have succeeded in it. The market leader is frequently able to lead other firms in the introduction of new products, in price changes, in the level or intensity of promotions, and so on.