AST1 Task 1 305.6.2-03 Company S, as a new manufacturer in the motor scooter market, must develop marketing strategies to ensure the continued motivation of its new channel partners, in order to secure sales and garner its share of the marketplace. These channel partners have a strong loyalty to the competitor’s products; but with the proper mix of sales strategies, Company S will be able to penetrate the marketplace and develop strong and lasting sales partnerships. Five Strategies for Motivating Dealerships as Intermediaries of Company S: 1. Incentive Programs Company S will provide a strong incentive program for the dealerships, such as quantity discounts based on the number of scooters the dealership sells. The more scooters the dealership sells, the lower their cost to purchase the merchandise.
For example, regarding my newsagents, they could change from a sole trader to a partnership to expand their business as they may need the additional workload to possibly have a new van driver to pick up the deliveries to save costs. Possibly they may buy an additional van to get even more deliveries so that the customers can always buy their products conveniently. Having additional shareholders would increase capital because selling more shares means that people would be buying a share in your business and is a long term investment, the increased capital would mean that your business has the extra money to expand and grow the business. By growing the business the stakeholders (which can be customers or employees or anyone who is affected by the business) will be better off as there is a better service being provided by that business on a potential larger scale. Expanding the business would mean there is a larger workload.
And also thinking to develop better information systems than ever before by working with Fortinet.com. So that it can be easily controlled. 2 Q) Relate the facts of this case to the CAGE framework discussed in section 14.8? Answer: Globally, many companies do anticipate that the expansion could double the company's order volume and revenue. Since many companies require better information on financial supervision to improve business processes, and requires a system that can handle multiple languages and legal requirements in doing Business in various countries.
MIZUNO USA RESTRUCTURES TO ENABLE ACCELERATED GROWTH Norcross, Ga. (July 23, 2013) – Mizuno USA, a global leader of sports apparel, footwear and equipment, will make strategic organizational changes to better meet the needs of its stakeholders and create a more effective, efficient operational structure. The actions are designed to drive company-wide accelerated growth over the next few years. “The evolution and diversity of the retail landscape driven by many factors, including new technology and changing consumer behavior, has made these moves essential,” said Bob Puccini, President Mizuno USA, Inc., Chairman, Mizuno Canada, Ltd., and Director of Mizuno Corporation. “Our ultimate goal is to accelerate development of a stronger consumer franchise by building on the existing strength of our brand. This should not only grow our business, but also our customers’ businesses.
Patrick O’Leary Chapter 3-4 September 6, 2012 Page 84 Question 5 “Chapter 3” Having a strong financial strength for a company creates more opportunities for one’s company. This would give the company an advantage over their competitors. When getting started with a company it is required to take large amounts of capital. If a company wants to be ahead of its compactors the company wants a strong marketing approach, great production facilities, or advertising before the company makes its first sale. An example of this is the company Dick Sporting Goods.
Though they must be strategic in where they open new facilities to target areas where they recruit, were talent may be found, and where they can compete with other mobile communication companies. c. Increase acquisitions: “Growth by acquisition was a common practice in the high tech and telecommunications sectors” and RIM took advantage of this practice. By acquiring other business they are able to expand and obtain software and talent from these businesses. d. Go global: Though RIM would prefer to stay close to home, in Waterloo, they knew in order to expand and continue to reach more software developers they would have to go global. 3.
Executive Summary As competition in the automobile industry escalated throughout the 1990’s, automakers sought to leverage the emergence of information technologies to lower costs and deliver a richer customer experience. Ford, the number two automaker in the world, was no exception and saw computer maker, Dell Corporation, as a benchmark for aggressive use of emerging technologies to increase shareholder value and improve customer responsiveness. Teri Takai’s responsibility as Director of Supply Chain Systems was to explore opportunities for incorporating such information technologies to achieve these corporate goals and to find the optimal level of investment in technology that would maximize the return on investment. Takai’s decision was further complicated by the opinions formed by two factions within the Company, one group decidedly in favor of moving towards utilizing information technology to create a new procurement system and the other group more cautious given the differences between the auto industry and the newer technology oriented companies that successfully utilized this strategy. Our analysis leads us to conclude that Takai should aggressively pursue the strategy of adopting a “virtual integration model” consistent with that of Dell’s by restructuring Ford’s supply chain and vendor relationships.
1. What are the drivers of the RFID project? The drivers off the RFID project were to increase productivity, reduce cost which allows Boeing to process more efficient. Also by taking on the RFID project, it allows Boeing to better compete within the industry. They’re able to monitor and track the productivity within the supply chain allowing them to increase productivity in the sectors they feel necessary which leads them to processing more efficiently and effectively; which in results brings in more revenue to the company allowing them compete by investing more money not within the company but also within the future technology for the company.
The company has developed a strategic plan which enables the company to relocate the store shelves of Best Buy based on the behavior of the market. Best Buy has created niche segmentation to each store making the profit of the company grow bigger because of diverse target markets in each location. The company has also developed a reward zone program which allows the customers to earn points and receive gift certificate for future purchase (Pride, 2008). Resources and capabilities that allow the firm to complete important tasks are one of the strengths of the company. Best Buy is able to effectively manage the flow of its inventory that helps them complete the important task of having the right merchandise on its shelves for customers to buy.
The process of globalization impacts all facets of life, including “personal, economic, and political life”(IMF). Globalization has connected and unified the world, making it more efficient and productive . The world has benefited from globalization in many facets and various ways. Globalization enables countries to trade goods freely between each other without strict boundaries or legalities. Developing nations, particularly benefit from free trade as it grants them easier access to international markets(IMF).Without globalization ,companies located in less affluent countries would not be able to “develop new technologies and produce new products and services” (IMF).