Fitness Depot Mike Fine 11/7/2014 Executive Summary The Fitness Depot will be a health club that provides affordable gym memberships to average health-conscious consumers in the City of Lincoln‚ Nebraska. My goal is to be recognized for innovative thinking and willingness to help people of all fitness levels. Our low prices‚ online dashboard of progress and discrimination free zone philosophy will be part of the future success of this health club. Members of the Fitness Depot have the
Premium Health club Exercise English-language films
CHAPTER 1 THE NATURE OF STRATEGIC MANAGEMENT I. WHAT IS STRATEGIC MANAGEMENT? A. Strategic management can be defined as the art and science of formulating‚ implementing‚ and evaluating cross-functional decisions that enable an organization to achieve its objectives. 1. The term strategic management is used synonymously with strategic planning. 2. The purpose of strategic management is to exploit and create new and different opportunities for tomorrow while long-range planning tries to optimize
Premium Strategic management Strategic planning Management
Globalization & Strategy Globalization is a process of interaction and integration of different nations that is sped up by technological progress such as the internet‚ communication‚ advanced mode of transport especially air travel as well as the growing number of non-English speakers mastering English language. Strategy is a direction or scope of an organization through its configuration of resources within a challenging environment to meet the needs of markets and to fulfil the stakeholders’ expectations
Premium Automotive industry
The Home Depot: EcoOptions Case study 1. Who is THDC’s target customer for the EcoOptions line of products? THDC’s target customer for the EcoOptions line of products is a DIY (do it yourself) or DIFM (do it for me) (Chandrasekhar‚ 2006‚ p6). 2. How should EcoOptions be priced? What is the value of "environmentally friendly" or "socially conscious" as a product attribute? Premium pricing is an integral part of eco-products‚ which environmental conscious customers are willing to
Premium Pricing The Home Depot Price
Business Strategy Questions Question: 01 What else must a company have besides an advantage in order to succeed in the long term? a. Sustainability b. Solid management c. Open communication d. Loyal shareholders Question: 02 What is the simplest way to make sure that a plan is launched and completed by all parties involved? a. Threaten the project leaders with layoffs if they do not perform. b. Give excessive compensation to the leaders
Premium Strategic management Strategic planning Management
Business Strategy Introduction: Strategic planning is essential for evaluating the competitive context where an organization runs. And also for making reasoned and reasonable referrals for just how that company should position itself and exactly what actions it need to require to make best use of worth creation. The main objects of strategic planning are to recognise the advantages‚ which are: to understand the product finding out the answers to successful planning and implementation
Premium Strategic management
BE 431 Business Strategy On the meaning of strategy from different theories and perspectives Introduction Strategy‚ originated from the ancient art of war‚ refers to the planning made on the basis of the analysis of the whole war situation. Moreover‚ under the influence of Ansoff’s Strategy for Diversification‚ strategy has begun to be widely used in economic management and many other areas including society‚ education‚ science and technology
Premium Strategic management
current business situation with the aim of assessing the ability of these strategies through identifying the strengths and weaknesses of the company. From there‚ it can help Nestle understand more about how to put Nestlé’s products into new markets‚ especially Vietnam‚ and meet the elements of the economy. 3.1 Analyze possible alternative strategies relating to substantive growth‚ limited growth or retrenchment. There are three types of alternative strategies can be applied to business are substantive
Premium Marketing Strategic management Marketing strategy
Amazon Business Strategy BIS/219 Amazon Business Strategy Successful business partnerships are the driving force behind competitive online retailers. Innovated strategies‚ business techniques‚ and customer relations management (CRM) will further enhance Amazon’s customer satisfaction and loyalty. Amazon uses e-business‚ e-commerce‚ and data management to gain competitive advantages against other online retailers. “No company exemplifies a new business era of
Premium Electronic commerce Marketing Online shopping
Social Responsibility (JJT2) TASK Social Responsibility Strategy for Home Improvement X Christine Cromwell Western Governor’s UniversitySocial Responsibility Strategy for Home Improvement X Corporate social responsibility (CSR) is the idea that corporations take into account and act in way that enhances the society and inhabitants in areas in which the company conducts business. Societies‚ governments and corporate leadership are tasked with holding the corporation responsible for any actions that
Premium Social responsibility Corporate social responsibility Corporation