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Q1(a). Develop a SWOT Analysis of your organization. (aviation industry)
Q1(b). Indicate how each of the strengths listed can be used to gain and/or maintain the organization’s competitive advantage.
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- A is the collection of data that helps forecast whether an idea, opportunity or venture will survive. Select one: O a. SWOT analysis b. business assessment c. feasibility study d. case studyI am looking for following to be done for a tapware company that specializes in tapeware for disabled. 1. PEST analysis 2. Industry Environment 3. Market Potential, Market Demand and Company Demand I do not need definitions, but the analysis to be done.The Study of Strategic Management According to Bamford, Hoffman, Hunger, and Wheelen (2018), strategic management is a set of managerial decisions and actions that help determine the long-term performance of an organization. It includes internal and external environment, short term and long-term strategy formulation, strategy implementation, evaluation, and control. Originally called business policy, strategic management has advanced substantially with the concentrated efforts of researchers and practitioners. Today, we recognize both a science and an art to the application of strategic management techniques (Bamford, Hoffman, Hunger, & Wheelen, 2018, p. 37). Now is the perfect time to practice strategic thinking, how can companies emerge from the global health crisis brought by Covid-19. The future is unpredictable, as such, strategic thinking may be more important than ever. The following phases describe the evolution of strategic management: Phase 1: Basic financial planning. During…
- Suppose you are a Marketing Manager of a 5-star Hotel located in Baguio City, Philippines. You are tasked to perform a SWOT analysis to know what are factors expected to affect the company's operations. Examine each situation and identify whether it is a Strength, a Weaknesses, an Opportunity, or a Threat to your company. Answer: S. If the situation refers to a Strength W. If the situation refers to a Weakness O. If the situation refers to an Opportunity T. If the situation refers to a Threat ___1. Excellent staff who are highly trained and very customer attentive. ___2. Business taxes will increase by 3% next year. ___3. The present promotional activities have a great appeal to customers. ___4. Some employees have problems dealing with arrogant customers who give out unfavorable comments. ___5. Sometimes overlook financial issuances of check and deposited cash. ___6. hotel rates are high which contradicts to the company's positioning of "Premium Quality Services at an Affordable…Describe and explain what CVP analysis is. Provide examples of how managers may use this tool for sensitivity analysis.State the marketing research problems for each of the following management-decision problem.a. Should a new product be introduced?b. Should an advertising campaign, which has run for 3 years, be changed?c. Should the in-store promotion for an existing product line be changed?d. What pricing strategy should be adopted for a new product?e. Should the compensation package be changed to motivate the sales force better?
- How do you say "predictive analysis," and what is it? Describe how this might be used.How can a casual analysis, a statistical analysis, and a Pareto analysis be differentiated from one another? Which of the following groups best encapsulates the ODC methodology?How can PepsiCo Allign training of their employee to their organizational goals and department goals to increase the sales and employee performance so define by considering following domains? 1.introduction of organization and training need analysis2.research/ training method used by PepsiCo3.findings of training and transfer of training4. Discussion or evaluation of training5.conclution
- Tech Niche Corp., a provider of IT services, has recorded a decrease in sales and profit over the past few months. The managers of the firm review the situation and conduct a SWOT analysis of the firm. This provides new insights into the ways to improve sales. In the context of developing a marketing plan, the organization is in the phase of: Multiple Choice Initiation. Design. Planning. Control.A development corporation purchased land that will be the site of a new luxury condominium complex. Management is considering a six month market research study designed to learn more about potential market acceptance of the condominium project. Management anticipates that, if conducted, the market research study will provide one of the following two results. 1. Favorable report (F): A significant number of the individuals contacted express interest in purchasing a condominium. 2. Unfavorable report (U): Very few of the individuals contacted express interest in purchasing a condo- minium. After deciding whether to conduct the market research study, they have the following two decision alternatives. d1 = a small complex with 30 condominiumsd2 = a medium complex with 60 condominiumsFollowing this, a chance event concerning the demand for the condominiums has two states of nature. s1 = strong demand for the condominiumss2 = weak demand for the condominiumsThe payoffs, probabilities, and…Balanced scorecardCostco Wholesale Corporation (COST) operates membership warehouses throughout the United States and the world. Fifteen Costco metrics and recent initiatives are as follows1. Increasing same store sales2. Improving safety procedures for warehouse prepared foods3. Reducing the number of product returns4. Researching consumer preferences5. Increasing the number of warehouses with gas pumps6. Offering training programs for all new employees7. Offering awards for employees with more the five years of service8. Improving Costco online consumer experience9. Increasing gross profit percentage10. Changing containers from square to round to increase the number of containers that can be shipped on a pallet11. Developing a company-owned coffee roasting operation12. Using floor-ready packaging from suppliers13. Reducing warehouse energy usage for floor lighting14. Increasing the use of automation to increase efficiencies15. Increasing the average revenue per memberAssign each item…