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- Can you answer me as soon as possible , urgentttttt!!!!!!!!!!! You are the Business Development Manager of a leading manufacturer of high-priced apparel for children in Hong Kong, Cotty Care, which is famous in producing organic cotton clothes for kids with a mission of providing sustainable clothing to the new generations. The Board of Directors is exploring the possibility of exporting its product overseas as the firm still has idle manufacturing capacity. The directors believe there is a market for their apparel in Europe, which could generate extra sales and profit for the company. (a) What are the FOUR questions to address in analysing organizational readiness for international business? Illustrate each question with an example from Cotty Care’s case. Is Cotty Care ready for international expansion? Explain.A student wrote Answer. Level: Strategic Management in Retail Strategic managers are key players in a retail company’s survival and advantage in a highly competitive market. They are in charge of the development of mission and vision statements, objective setting, planning and implementation of strategies, and evaluation and measurement of performance. Strategic planning often occurs annually in order to prepare for the year ahead, which needs to be formalized and authored in writing (Vanderburg, 2004). Essentially, strategic managers execute the tasks mentioned above by creating specific action plans and steps to reach a specific organizational goal. Strategic planning is an interactive process that allows various departments involved to cross check how each output affects its earlier stages. Moreover, the strategy formation is guided by various stages of strategic thinking. The result of these processes provides information on the environmental diagnosis, competitiveness, guiding…post a response to the questions below (600 words each). • Identify a major professional league in the United States of America andexamine the factors that make the league profitable and how it showcasesthat it falls within a professional sporting category. Compare this to anamateur sporting league (providing evidence of this).ORSome people say that West Indies Cricket does not fall within the professionalsporting category while others say players are paid and experience celebrity typetreatment. Argue for or against this comment.• Research and create an infographic to illustrate the key differences between amateurs, recreational participants and professionals in sports.
- . Select an overseas country of your choosing and assume that you are employed in the human resources department for a large company. The company has just reached an agreement to open a new sales office in this foreign country in order to better serve customers in that market.Although support personnel will be hired locally, three sales representatives from headquarters will be transferred to this office for a period of two years in order to get it “up and running.” The national sales manager has asked you to prepare a report outlining the intercultural communication issues that these sales reps likely will face.Your team will be required to research the business communication in this country and write a report to your Board of Directors that addresses the following that may play a role in impacting the success of these sales representatives in establishing an office in the country.1. Prevailing norms of communication2. Nonverbal communication, 3. High context and low context…INSTRUCTIONS: Create a 2-3 fictitious organization related to the tourism and hospitality industries such as travel agency, airline of food and beverages. This organization should have a NAME and a set of VISION, MISSION, and VALUES. Provide a brief background of your organization. Kindly also provide a LOGO for the company. Assume that each 6 members of your group takes a top management position in your organization. As the organization's top management, the group is tasked to come up with strategic goals and objectives. Make sure to align the goals and objectives to your VISION, MISSION, and VALUES. Use the SMART Goals Framework in coming up with your goals and objectives.Q3 You are the Chairman of a French FMCG company in India by the name of “FrenchShine”. You are operating in the “Soaps & Detergents” category & are facing tough rivals like HUL, Nirma & P&G. You have been operating in India since 2016.During 2020, there has been a steady decline in your revenues & profitability. Your market share has also fallen from 6% to 2.5% during 2020. Your competitors are eating into your market share slowly & steadily during Covid-19 pandemic times.a. What turnaround strategies can you suggest to arrest the decline of revenues &profitability of your company? b. In your opinion, would it be considered appropriate to pursue a Strategic Alliance or a JV Strategy or should “FrenchShine” go it alone in India? State your response with appropriate justifications & reasons. What would be the advantages & disadvantages of such a strategy?
- Could you please summarize the below, for powerpoint presentation purposes? thanks. Strengths It is a conglomerate company and specializes in more than one business. It is champion in logistics and is one of the top brands in the logistics and transport sector. It produces certain products such as oil, wine etc. This company also carries out its operations in the field of communication and the media. Therefore, it has the advantage of increasing its profits, and expanding its business up to a certain extent. It is listed among the top 200 European companies. It has a wide network of 90 countries. It has More than 500 agencies throughout the world having strong workforce has around 10000 employed staff. Throughout the Business Services industry, Bollore Se commodities get a good market presence. It enables the firm to boost costs more than its rivals within the marketing Services market. robust rates when put next to its rivals in the marketing Services market - Despite experiencing…I would like you to find a current article (no more than 6 months old) that describes a strategic issue being faced by a specific business organization. Briefly summarize the article and then analyze using a strategic concept from the first four chapters of the text. For example, you might find an article about how Nike is responding to a new Adidas marketing program. (Ch 3 external analysis - competitors). each article analysis should be no longer than two pages with the summary 1/2 and the analysis 1/2 of the paper. Use APA as your style guide and remember, this is a UWR course for the university.How do I respond to this in 100 words? Strategic management involved the ongoing process of establishing an organization's mission and objectives, considering both its external surroundings and internal strengths and weaknesses; it includes devising and executing strategies, as well as monitoring and adjusting them to guarantee the achievement of desired goals. Strategic management is very important because it provides organizations with a competitive advantage, assists with the allocation of resources, steers direction and focus, helps align and coordinate organizational members and functions toward a common goal, allows for adaptation to change, and drives performance optimization. Porter's Five Forces Model is a framework developed to analyze and evaluate the competitive forces and the attractiveness of the industry through the identification of five key forces that determine the competitive intensity and profitability of an industry. The five forces are the threat of new…
- 38- Sales-strategy types and relationship types do not always perfectly match up. However, Mr. Musa is worried that his competitor will gain more market share than his company. Which one of the following options can you suggest for Mr. Musa? a. Use the consultative selling and he will gain more market share then competitor b. Understand that different strategies might be more appropriate at different times c. Use strategic partnership for a better market share d. Use script-based selling strategy to get more market share then competitorRead the following text and write short headings for each paragraph. MARKET LEADERS, CHALLENGERS AND FOLLOWERS 1.In most markets there is a definite market leader: the firm with the largest market share. This is often the first company to have entered the field, or at least the first to have succeeded in it. The market leader is frequently able to lead other firms in the introduction of new products, in price changes, in the level or intensity of promotions, and so on.Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps. b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements. c. Compare on contrast the following: i. Vertical integration versus horizontal integrationii. Divestiture versus Diversificationiii. Market development versus Product Development