Define strategic plan. Say you are the CSO (Chief strategy officer) in a company named CHALDAL which is a online grocery shop in Bangladesh . Can you please write a brief strategic suggestion for them what is missing and what they should incorporate?
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Q 1. Define strategic plan. Say you are the CSO (Chief strategy officer) in a company named CHALDAL which is a online grocery shop in Bangladesh . Can you please write a brief strategic suggestion for them what is missing and what they should incorporate?
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- 1.Why is sustainability an important component in a firm's strategy development.Q 2 Based on your analysis of Hibbett’s strengths and weaknesses, which generic strategy would you recommend for the firm? Develop a brief strategic proposal for the firm and explain how your answer provides the best possible fit with the firm’s strengths and weaknesses.2.2) Recommend an alternative corporate level strategy Drip Footwear may consider. Discuss how they may implement the strategy as well as the advantages and disadvantages associated with the strategy.
- There are a number of techniques employed to conduct an analysis of strategy options from which an organization can choose and implement to aid its attainment of long term objectives. As a staff of Despite Group of Companies, co-opted into a strategic planning committee, you have been tasked to do the following;(i) Distinguish between the application of VRIN or VRIO framework from the application of the Boston Consulting Group’s Growth-Share-Matrix (BCG-GSM) by organizations.(ii) Present a well labelled graphical illustration of this model (Boston Box) for DESPITE Group of Companies. (iii) Explain each of the four quadrants in this matrix by identifying where each named subsidiary within the Despite Group falls with a description of appropriate strategies that may work out for each quadrant.Q2(b). Based on the existing environment and the situation at John Francois Stores, and as the Consultant hired by the Company: Suggest three (3) strategies by name that the Company could undertake to maintain a competitive advantage, and provide a brief explanation of what each strategy means. Also, provide three (3) reasons/justifications for each of the strategies that you selected.Q1. An organization’s economic rationale for existence is ensured in its business model viability and identifying a source of competitive advantage. Keeping in view these concepts, elaborate the business model and competitive advantage of India’s Amul and Star Bucks case examples in light of learnt concepts during course sessions.
- Q1(a). Indicate whether or not the organization where you are employed engages in strategic management and planning. If Yes, how has this benefitted the organization?There are a number of techniques employed to conduct an analysis of strategy options from which an organization can choose and implement to aid its attainment of long term objectives. As a staff of Despite Group of Companies, co-opted into a strategic planning committee, you have been tasked to do the following; Required: i. Distinguish between the application of VRIN or VRIO framework from the application of the Boston Consulting Group’s Growth-Share-Matrix (BCG-GSM) by organizationsThere are a number of techniques employed to conduct an analysis of strategy options from which an organization can choose and implement to aid its attainment of long term objectives. As a staff of Despite Group of Companies, co-opted into a strategic planning committee, you have been tasked to do the following; Required: i. Distinguish between the application of VRIN or VRIO framework from the application of the Boston Consulting Group’s Growth-Share-Matrix (BCG-GSM) by organizations ii. Present a well labelled graphical illustration of this model (Boston Box) for DESPITE Group of Companies iii. Explain each of the four quadrants in this matrix by identifying where each named subsidiary within the Despite Group falls with a description of appropriate strategies that may work out for each
- Based on the existing environment & the situation at John Francois Stores, & as the Consultant hired by the Company Suggest 4 strategies by name that the Company could undertake to maintain a competitive advantage, and provide a brief explanation of what each strategy means. John Francois Stores Mr. Francois, a very successful businessman is contemplating his next move at the age of 70. As a young man at the age of 16, he dreamt of becoming a “businessman” and would go into stores in the city where he lived and observe how personnel operated. In his exploits, he became very friendly with many of the business owners in the city. As time passed, John Francois obtained four (4) Advanced Level subjects (Mathematics, Geography, English Literature and Spanish). He also enrolled in a Technical Vocational institution and pursued short courses in tiling, plumbing, masonry and electrical maintenance for which he gained certification. Through his qualifications, John was able to secure…5. Company ABC has started to implement a strategy of Market Development in a certain country. On this situation, which of the following set of factor does Company ABC should consider in evaluating this strategy? a. Production rate and production cost b. return of investment and reach target market c. customer acceptance and brand positioning d. expenses and gross profittempera designs the following. Write your answer neatly on the space provided. 2 points each business. 1. It defines the governance system of the country or the local area of markets products and techniques. 2. the capacity for innovation, investment and expansion in new financiers, and the managers and staff of the organization 3. It serves many masters; the entrepreneur, the investors and cautious These are more specific goals that are measurable, achievable and time-hound. S. contains the essence of the enterprise in a concise but powerful manner 6. These are the resources mobilized 7. These are marketed to customers or experienced by costumers 8. These serve as the aspirational scorecard of the enterprise managers and the motivational results of the investors. outcomes. 9. Builds and develops the game plan for attaining competitiveness. 10 creation of something new or something different 11. The entire process of converting resources into output and into 12. This process converts…