Case summary:
Company BB is a transportation company that has created a new marketing plan in order to get back the market share and for the popularity of the company. In 2007 the company found that the preference of the customers is on the low and fast transportation facility. The company targeted the young and tech-savvy customers.
A strategy was created by the company for revitalization of the transportation industry. The company made many promotions and provided offers with low costs in order to retain their customers. However, Company BB played a large role in the industry though they had a huge competition.
Characters in the case:
Company BB
To discuss: The strategic planning levels of Company BB that fits within the Company G and the challenges that it pose to Company G.
Strategic planning is the activity of organizational management, which is utilized to establish priorities, concentrate on resources and energy, empower operations, and ensure that the other stakeholders and the employees are working on common goals, sets agreement over the intended results and evaluates and adjust the organization.
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