Scenario D: Your company wants to getstarted in sustainability and ethicalsourcing in their business. Your boss wantsa pitch proposal to the senior leadershipteam to address this opportunity.

The strategic shift towards sustainability and ethical sourcing represents a business operating…

Answered: Scenario D: Your company wants to get…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Many organizations have differentiated themselves in the marketplace by their "low cost" value proposition to customers (i.e. Spirit Airlines, Dollar Tree, Walmart, and Aldi). To achieve this, the organization fine-tunes their business model to remove as many overhead costs and unnecessary costs so it may pass those savings on to its customers. Select a domestic or international business that has a "low cost" value proposition to its customers and consider the following questions: How does it market itself? How does a low-cost operating structure make them stand out and succeed in the market? Is "low cost" a sustainable model for this company? Evaluate this strategy from an ethical perspective.
Write a business and market overview for a retail store that wishes to implement an M-Commerce Solution to Enhance Customer Experience. The business and market overview should contain the following sections: The client’s organization Management Business model Their products and services Their growth strategy Further elaborate on the distinct external pressures on their business. This section must include an illustration Porter’s Model with the unique and specific pressures that the client's organization faces.
CSR (Corporate Social Responsibility) management systems, the following can be applied: Select one: a. ISO 26000. b. ISO 26000 and SA 8000. c. SA 8000.
Write a case study about a real-life company that implementing the green revolution. The case study shall covers the following: - Introduction Green Practices & Initiatives Green Projects Problems & Suggestions Conclusion
Write a solution assessment for a retail store that wishes to implement an M-Commerce Solution to Enhance Customer Experience based on the information below: Client's Organization: The client is a retail store that sells a variety of products, including clothing, accessories, and home goods. The store has been in operation for several years and has built a loyal customer base. Management: The store is owned and managed by a team of experienced retail professionals who have a deep understanding of the industry and the needs of their customers. They are committed to growing the business and staying ahead of the competition by embracing new technologies and innovations. Business Model: The store's business model is based on offering high-quality products at reasonable prices while providing exceptional customer service. The store is committed to providing a personalized shopping experience for each customer, and the staff is trained to assist customers with any questions or concerns they…
Case Studies in Management: Bank of America Corporation - 2011 Briefly discuss the organization and its product and services. Discuss the strategic dilemma that your company is facing. Show existing vision, mission, objectives and strategies. Evaluate the mission statement. If the mission statement does not exist or needs to be revised, please craft one or revise the existing mission and tell why it needed to be improved. Identify all of the organization's external opportunities and threats. Highlight and explain the three most significant opportunities and the three most significant threats. Identify and discuss at least 3 major competitors. Compare your organizations performance with the performance of their competitors. Identify all of the organization's internal strengths and weaknesses. Highlight and explain the three most significant strengths and the three most significant weaknesses. Calculate and discuss key financial ratios. Please include at least one ratio from each…
Situation #1: You are working in a restaurant as a sale staff. The Operation Manager requested you to prepare a sales forecast for 2022 in preparation for next year Annual Plan. During the regular business days, the restaurant earns an average of 20,000 a month. Prepare a draft sales plan and provide an explanation of your sales plan. Consider current status of the pandemic and the regulations of the government towards local business. Use the template below.
What are three high-risk industries in sustainability? Name them and give one reason why each of them is high risk.
Problem 2-12 (Static) Match the following common risks with the appropriate mitigation strategy: Use Exhibit 2.4. A. Detailed tracking, alternate suppliers B. Careful selection and monitoring of suppliers C. Contingency planning, insurance D. Good legal advice, compliance E. Currency hedging, local sourcing Country risks Regulatory risk Logistics failure Natural disaster Major quality failure
Explain with an example how sustainable marketers can overcome the performance barrier to better position their products in the market.
produce a digital poster presentation applying six United Nations Sustainable Development Goals to an organisation of your choice.  You will need to provide a critical discussion around the extent to which the organisation can be seen to be responsibly aligning its strategies and operations to these Goals.  You must also provide further discussion around what strategic actions this organisation could take to further advance broader societal goals, with an emphasis on collaboration and innovation.
Please read the mini case below and answer the questions at the end of the mini case. Auto-Technic is a small German company founded and run by an electronics engineer, Peter Schnider. He has built his small business over the past five years by undertaking subcontract work for large electronic companies. The work has mainly involved producing small control devices (Automatic switches, timers, etc.) in response to his business customers’ requests. Peter’s expertise is valued by the organizations with which he has dealt. Having returned from trips outside Germany, Peter noticed an increase in the number of homes making use of automatic garage doors. Drivers would either press a button on a device kept in the car, which activated a switch in a door-opening mechanism fitted to the garage door, or a device would be fixed in the car that automatically triggered a sensor as the car approached, which then operated the garage door-opening mechanism. With his electronics expertise, Peter…

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Scenario D: Your company wants to get started in sustainability and ethical sourcing in their business. Your boss wants a pitch proposal to the senior leadership team to address this opportunity.