Write an executive summary based on the senario.
Chapter17: Organizational Planning And Controlling
Section: Chapter Questions
Problem 3CTQ: The case focuses on U.S. markets. How are European markets affected by holiday shopping?
Related questions
Question
Write an executive summary based on the senario.

Transcribed Image Text:Scenario:
Peter is considering operating a local business in the textile, clothing and footwear sector. Peter
has completed research into the operations of similar businesses both locally and regionally and
intends to market and sell his products both at the local and regional level at the same time. Peter
understands that to shape the business's overall strategy there are various strategic drivers both
internally and externally which must be considered and wants expert advice on these drivers
relevant to his business. He is also struggling with deciding on the best structure for the
organization, as well as the most effective ways of marketing his products to ensure that they are
more attractive to buyers than the current options. Peter is considering a strategic alliance but is
not sure if to form links among non-competitive firms or associate with firms in an un-related
activity. He is also aware that even other types strategic alliances exist but does not have a good
grasp on this area to make an informed choice. Peter is aware of internal and external tools which
businesses use to understand the operating environment but is unsure which ones are feasible for
his business or will provide the most relevant information. Peter wants to go global in the future.
He was listening to a radio program and they mentioned that there are drivers that shape strategies
when persons are considering going global but he is not familiar with what these are. Whilst Peter
has a lot of ideas, he recognizes the need for help to ensure his success.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Recommended textbooks for you

Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning

Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning

Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing

Understanding Management (MindTap Course List)
Management
ISBN:
9781305502215
Author:
Richard L. Daft, Dorothy Marcic
Publisher:
Cengage Learning