Case one Macy’s Department Store Repositioning Jingjing Li BUS 2275 Business Strategy and Simulation–Section 050 Instructor: Anish Bania Due Date: Jan 16‚ 2013 Table of Contents Executive Summary 2 Statement of the problem/opportunity/and objectives 2 Analysis of the situation 2 External and internal 2 Porter’s five –forces model 3 1. The threat of new entrants. 3 2. The bargaining power of buyers. 3 3. The bargaining power of suppliers. 4 4. The threat of substitute
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TYPES OF RETAIL FORMATS 1. CHAIN STORES: • Chain stores are retail outlets that share a brand and central management‚ and usually have standardized business methods and practices. • These characteristics also apply to chain restaurants and some service-oriented chain businesses. • In retail‚ dining and many service categories‚ chain businesses have come to dominate the market in many parts of the world. Chain stores are a form of franchising. • The world’s
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factual description based on verbal inputs provided (100-125 words.) 10 B:- 3 Writing a letter based on verbal input. Letters include (a) business or official letter (for making enquires‚ registering complaints‚ asking for and giving information; placing orders and sending replies; (b) Letters to the editor (giving suggestion on an issue); (c) application for jobs. 10 B:- 4 Compositions based on visual and / or verbal inputs (about 150 words.) Output may descriptive or argumentative
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competitors of convenience store market. In Guangzhou‚ 7-Eleven‚ Ok and C-store are the three pillars of convenience stores. So our project will focus on the existing competitors 7-Eleven and OK convenience stores to analyze. In this part‚ I am going to identify the distinctive characteristics and values of 7-Eleven and OK with the theory of brand triangle‚ to see what make them a brand. And then I will analyze the scale and goals of 7-Eleven and OK convenience stores with the theory of SWOT and
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considering the forecast model as gospel‚ it is important to understand some of the limitations and assumptions the model makes. The model is using a 20 percent increase in direct shipments to all stores. Although it would be wise to bypass the distribution center (DC) altogether and ship directly to the stores‚ could the vendors supplying the SKUs be capable of such an increase‚ and how would that factor into meeting the goals of project 275? With eight inventory management projects underway‚ does
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Anh Nguyen Professor Wegley ENG 102 18 January 2014 The Happiness Store: A Place to be Happy in Less Mundane Ways Gary Larson has brought laughter to many people by his popular long-running comic called The Far Side. In one of these cartoon series‚ the character names Crawley was told by his friends: “You cannot buy happiness”. However‚ “Mr. Crawley surmised that they just didn’t know where the store was” (Figure 1). Humorously‚ Mr. Crawley’s conclusion about the reason why his friends
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Case Study „Wal-Mart Stores‚ Inc.“ MLA1 International Business and Management Introduction Wal-Mart is one of the world’s largest companies and is operating in discount retailing. Its first stores were opened in 1962 in small towns because Wal-Mart’s founder Sam Walton who died in 1992 had the idea that these towns were large enough to support one discount retailer‚ but not two. The main reason for Wal-Mart’s leading position in the market has always been based on its ability to offer products
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FORMAT OF A MARKETING PLAN I. Executive Summary II. Business Review III. Environmental Analysis IV. Market Segments V. Marketing Objectives VI. Continuously Satisfying Customer Strategy VII. Sales Force Performance Strategy VIII. Better Than Others Strategy IX. Marketing Execution and Controls X. Financial XI. Appendices Executive Summary 2 to3 pages overview of the entire marketing plan. Usually limited to the specific objectives to be achieved‚ the key changes versus the preceding
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The Container Store • What motivational strategies does The Container Store use to keep employees productive and satisfied? The Container Store principally uses the Maslow hierarchy of needs‚ this theory talks about of an arrangement of five basic needs (physiological‚ safety‚ social‚ esteem and self-actualization needs) that motivate behavior. (Jones & George‚ 2007‚ pp. 330). 1) Physiological Needs: The Container Store looks for satisfy this need in proving employees with a good wage
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(1) I think that the Internet does not contain reliable information. (2) The Internet‚ a technological breakthrough in the twenty-first century‚ contains many invaluable‚ pixelated advertisements that are not necessary for the society. Although it is necessary to advertise in order to expand a business‚ there are many advertisements that do not belong on a certain page. (3) For example when I am focusing on finishing up a research‚ there are many pop-up advertisements that appear out of nowhere.
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