The Coca Cola Company is successful because it performs a SWOTT analysis on the company to pinpoint the areas the company should focus on to improve the organization. After performing the SWOTT analysis the Coca Cola Company chose to focus on the company’s leadership, legal and regulatory, culture, global, technological, innovation, and processes and systems trends in the company. * Leadership in an organizational role requires establishing a clear vision of how the company wants to run its business. Sharing that vision with the organization will allow the company to provide information, knowledge, and the resources to its employees to realize that vision. Appropriate leadership allows the management team to coordinate and balance conflicting interests for all members or stakeholders of the organization.
Super Bakery, Inc. believed it was necessary to install an Activity-Based-System to maximize costs by adopting a more effective allocation method, instead of following a traditional one-stage costing system that would be out-dated for this corporation. A traditional costing system, which allocating overhead costs using direct labor or machine hours as a standard would not be an efficient method to implement with the type of company
Blitz is a small specialty shop chain owned by Dalman and Lei. The strength of Lei and Dalman committing to a large scale expansion of the company is the fact they have a strong business plan in place that is showing success. By opening a chain outside of their current city this would allow Blitz to appeal to a wider range of customers. Expanding within the same area this may cause a cut in the amount of customers that visit other established shops but they still missing out on money that could be earn by spreading their wings more. A weakness of Blitz committing to a large scale expansion is the fact that their current business plan seems to be working just fine because they have made their first link of chain the training camp for their new hires.
These options are going public through an IPO (or initial public offering), acquiring another company in the same industry, or merging with another company. In order to determine this strategy this group must examine where Kudler Fine Foods stands on its own and which will benefit them the most. With the desire to expand, choosing to go IPO is desirable as it would raise capital to allow KFF to grow. This capital could be used for development, working capital, or to pay off debts. It would also increase the awareness of the company beyond the three locations which could exponentially expand the demand for the products and services of KFF, leading to online sales and more brick and mortar locations.
Final Strategic Plan Melita Dillard Integrated Business Topics/475 January 20, 2014 Professor Brian Duhart Introduction The beginning of a business requires lots of research to develop unique techniques to increase the consumer base and put the company in a class by their selves. It is important for every business to create a strategic plan and the SWOTT analysis is vital with guiding the direction of the business plan. When creating a business plan one must have a vision, mission, and values that are tied to the plan to show what the business stands for. Bakery Delight Café is a place where consumers can come to enjoy and relax before and after work. The staff at Bakery Delight Café is committed to provide superior service at a reasonable
The strengths of the company are beneficial for sustenance; however, the weaknesses could pose a threat to the company’s long-term viability and its desire to remain a leader in the region. The structure of Kudler is a monopolistic market structure because there are many stores offering similar products, but differentiated. If Kudler Fine Foods implements the recommendations, it can continue the substantial lead it has in the market as well as expand to become a nationally recognized
There will be a higher marketing cost associated with this product in order to educate the consumers on the benefits of owning the product Because the customers could already own a toaster, microwave and convection oven, they won’t immediately understand the benefits of an all-in-one product. An aggressive budget will need to be established to counter their
o Describe how your recommended revised business practices and processes will affect the company. ISCOM 305 Week 5 Individual Assignment - Operational Components Paper 7. Individual Assignment: Operational Components Paper Taylor Inc. is interested in providing in-house professional development for the company. You have been selected to explain operational components to employees. The material you produce will be used in the management training.
o Analyze how the vision, mission, and values guide the organization’s strategic direction. o Evaluate how the organization addresses customer needs and critique how they achieve competitive advantage. BUS 475 - Week 3 - Strategic Plan, Part II: SWOTT Analysis Individual Assignment: Strategic Plan, Part II: SWOTT Analysis Conduct an internal and external environmental analysis for your proposed business. Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and each Learning Team members’ selected business idea, provide a list of the lessons learned from your Learning Team’s discussion for each of the items listed below.
Objective Paramount has to find the positioning strategy of the new product either as mainstream entry or as more differentiated niche entry. Paramount also needs to come up with most suitable brand name, allocate budget for example marketing budget and determine private market share. Key Issues • Threat from multinational players/key competitors – Prince/Benet and Klein and new market entrants The non disposable razor market and refill cartridge have potential growth scope .So some key players like already established Prince/Benet and Klein and new market entrants like Radiance have intensified the competition. Other smaller competitor and private label brands also occupied the rest of market and mostly they are captured the value segment of the market in terms of price index. Radiance is giving Paramount fierce competition in several personal care categories.