perform a PEST analysis. From the readings this week, reflect on the list of key questions to help you develop a PEST analysis. How would your answer change if there were (1) a sudden advancement in technology, (2) social unrest, and (3) enhanced economic stability? Being specific, how would you determine the optimal strategy for the organization
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Pick any organization you are familiar with and perform a PEST analysis. From the readings this week, reflect on the list of key questions to help you develop a PEST analysis.
How would your answer change if there were (1) a sudden advancement in technology, (2) social unrest, and (3) enhanced economic stability? Being specific, how would you determine the optimal strategy for the organization?
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- Once you have performed your feasibility analysis, it is important to determine that a new venture is feasible in regard to the industry and market in which it will compete. To do so, an entrepreneur must answer which of the following questions (select all that apply) Is the industry easily accessible, meaning is it a viable and practical market for a new venture to enter? Are there universally applicable products or services that can serve across industries, minimizing the need for industry-specific considerations? Are there industry positions with inherent negative attributes? Are there untapped or underserved markets within the industry that present opportunities for innovation?Indra Nooyi, the former CEO of PepsiCo describes how she led an effort to the company being a "better corporate citizen." She advises other companies who wish to adopt a "Performance with Purpose" approach to consider all of the following except: Ensure the company's board of directors support the intiative Hire a Chief Sustainability Officer to oversee all aspects of the initiative Adapt the strategy to accommodate the needs of local markets form partnerships and coalitions with NGOs and other companiesMake use of the VRIO framework and determine if Pfizer can develop any sustainable competitive advantages.
- The case focuses on U.S. markets. How are European markets affected by holiday shopping?Environmental analysis is a strategic tool. It is a process to identify all the external and internal elements, which can affect the organization’s performance. The analysis entails assessing the level of threat or opportunity the factors as the forces in formulating a strategic decision. These evaluations are later translated into the decision-making process. Discuss the importance of the environmental analysis in the context of strategic business decision process.Suppose you wanted to start a company where you live. Which of the PEST factors would be the strongest? How would you evaluate the optimal strategy?
- Situation #1: You are working in a restaurant as a sale staff. The Operation Manager requested you to prepare a sales forecast for 2022 in preparation for next year Annual Plan. During the regular business days, the restaurant earns an average of 20,000 a month. Prepare a draft sales plan and provide an explanation of your sales plan. Consider current status of the pandemic and the regulations of the government towards local business. Use the template below.XYZ Company is a multinational corporation that specializes in manufacturing consumer electronics. The company is currently facing a number of challenges in its business environment, including increased competition, changing consumer preferences, and government regulations. As the newly appointed CEO, how would you address these challenges and ensure the long-term success of the company?Can I receive assistance with the below two questions, please PART A: Several years ago, Hurricane Gilbert destroyed thousands of acres of banana in Jamaica. Farmers whose crops were destroyed by the hurricane were much worse off, but farmers whose crops were not destroyed benefited from the hurricane. Why did this occur? What information would you need about the market for bananas in order to assess whether farmers as a group were hurt or helped by the floods? PART B: Explain why the following might be true: A drought in the Caribbean raises the total revenue that producers receive from the sale of coffee, but a drought only in Grenada reduces the total revenue that Grenadian producers receive. Ensure that you define any key terms used in your discussion.
- Explain the competitor analysis for Air Asia company as a part of the situation analysis.Sustainable development has been described by the United Nations as:Select one:a. The use of organisations’ products and brand identity to create social value, quality, and consumer loyalty.b. A strategy involving stakeholder assessment to create meaningful long-term relationships with customers, while maintaining, supporting, and enhancing the natural environment.c. Socially responsible activities such as sustainable business practices that create competitive advantages.d. Meeting the needs of the present without compromising the ability of future generations to meet their own needs.With the use of proper examples, clearly define, and explain, the following concepts:a) The Four Circles Modelb) AISc) The economic importance of maritime traded) Mega port Initiativee) Standoff attacksf) Security Level 1, 2 and 3g) International Ship Security Certificateh) Maritime Security Threats