SWOT analysis: Toucon Collection’s strength is that consumer can trust their products. To avoid being cheated by amateurs and fly-by-night sellers, consumers desire to find a big company which could ensure them a quality, authentic products. Toucon Collection has supply problems recent years in collecting certain volume of replica products. The reason is both the rapidly increased competition and the strict governments not allowing exportation of certain artifacts because of their “national significance”. SWOT Matrix for Toucon Collection Inc. Case Selected Internal Factors Representative Selected External Factors Representative Strengths Weakness Opportunities Threats Management Experienced and observant sales manager Lack of management depth Competition Toucon has Long history and provide high quality products Amateurs and fly to night competitors Marketing Target is strong Highly limited distribution Consumer trends customers need a company they can trust Lack of products to satisfy consumers’ demand Manufacturing
Sergio Marchionne Undertakes Culture Changes at Chrysler Group Simon Ware Excelsior College Author Note This paper was prepared for Organizational Business 311 and taught by Professor Gregory Gotches Sergio Marchionne Undertakes Major Strategic and Culture Change Chrysler Group In the new companies of today there is lots of competition and there are lots of competitors to go after the business. If a company doesn’t do things right they risk the possibility of having their doors shut forever. These results are affected by a number or variables such as profit line margins, corporate social responsibility, shareholder happiness, consumer perception and also their Organization Culture. Today I will be addressing the later of these examples which is the organization’s culture. Organization culture is one of the most important yet often overlooked aspects of many businesses today.
Section E - Group No 4 (A) Harrah’s Entertainment Inc. – Case Analysis 1. Discuss the factors that drove Harrah’s customer relationship strategy. With the advent of new luxury casino hotels like Mirage and Bellagio and the rapid expansion of casinos due to relaxation of gambling laws, Harrah’s witnessed intense competition in the late 1990s. Customers were not making repeat visits and Harrah’s was losing its customers to other flashier properties. Since it was difficult for Harrah’s to make huge capital investments to spruce up its properties, it realized that a shift was required from its existing people management strategy to a new customer relationship strategy.
Managerial Communication 510 Name – Anis S Ravuthar Student ID – ARAVUT9503 Assignment – Harvard Business review cases Topic – R. L. Wolfe Professor – Dr. Shawn Schwaner Introduction Change is inevitable however some people don’t like changes. It’s been argued every time that change is the only factor which takes you to the sky of success and prosperity. Development of the nations in the world is witnessed only because they accepted the change in their operation and function. This paper is designed to evaluate the negative growth of the Roaring Dragon Hotel (RDH) due to the change in the management and operation. It will further discuss the solution and options which can be used to overcome the issues faced by the Hotel.
Week One Individual Assignment Alexandra Del Rio MKT 571 November 21, 2011 Professor Debbie Thomas Abstract Classic Airline is one of the largest airlines company’s within the industry however they are going through a difficult time because a reduction customers therefore revenues. During these times there will be several factors involved and possible directs to choose between. This document will present marketing concepts found in the Classic Airlines scenario and how they correlate to the readings. These concepts could help Classic Airlines decide the best course of action to take moving forward. Marketing Concepts Within the Classic Airlines scenario presented (Classic Airlines Scenario), one concept mentioned by Kotler
While Wal-Mart's methods are under scrutiny for the seeming forceful nature, but in reality they just have the power to push suppliers around and pressure small businesses to the brink. The retailer is brutally honest and straight forward about what they need and what they can get in their business ventures. Wal-Mart creates low prices by the threat of outsourcing and pitting suppliers against each other. If a supplier wants to change the terms of their agreement with Wal-Mart, they will simply be shoved aside and replaced by someone who will do what Wal-Mart wants. In order for small businesses to really gain an edge they have to diversify their products and exploit local suppliers, cash in on the advantage of a better enhanced customer experience, and with interaction within the nearby communities.
Opponents gained strength, while future prospects raised doubt about enrollment. The Ku Klux Klan was no longer the “Invisible Empire.” The information they depended on to fuel their success quickly ran out. The Ku Klux Klan’s dependence on secret information is also a strength/liability shared by agents in the Real Estate industry. Before an individual can take part in the real estate market, they must first seek the help of one of these agents. The agents are “experts” in the field, because their knowledge of competitive market prices, past transactions, and other vital information is applied in attaining premium prices.
Despite the success of Walmart its executive management team must the aware that the corporation is exposed to a variety of business risks. As the largest employer in the world one of the risk the company is exposed too comes from its own work staff. Employees can become a source of risk because acts such as injuries in the workplace can cost the company money in medical expenses and potential lawsuits. Employees can file a lawsuit against the employer for a variety of reasons including wrongful termination of employment, sexual harassment, and discrimination among other reasons. Another risk that the firm faces is legal.
Threat of Substitutes: Management consulting firms are one of the threats for substitution. (“Management Consultants doubled as potential clients as well as direct competitors in terms of offering digital strategy”, p.9, para 2). Another outside industry threat is the IT firms. (“Huge found itself pitching against an IT company who were offering many of the services as Huge” p.9, para 3). Another threat of substitute could be companies hiring in house people to save costs, in which case they will have to compete with them in terms of attracting talent as well.
Why introverts can be great leaders By Eliza Ridgeway for CNN c/div> STORY HIGHLIGHTS Introverted leaders tend to be more receptive to different ideas, new study says Their understated style can lead to improved team performance, according to Francesca Gino Businesses who don't value introverts can miss out, Gino says (CNN) -- Outgoing personality traits are often associated with top corporate roles, but new research suggests businesses miss out when they fail to find and promote executives with more understated styles. Harvard Business School researcher Francesca Gino has found that introverts can play a crucial role in leading teams. Many of the strengths that people associate with leaders, for instance being dominant or being good at giving directives, are often the same traits that characterize someone who is an extrovert, Gino told CNN. But in a forthcoming paper, she argues that when it comes to day-to-day teamwork in the workplace, less obvious leadership qualities can become more important. She and her collaborators asked bosses to rate how extroverted they considered themselves and then studied how their teams worked.