Analyzing Retail Concept Store: EXCELSIOR By: Cheryl Angeline
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I. POINT OF VIEW The point of view of the Top Management is assumed. The group believes that because the management is majorly concerned with the company’s performance‚ and likewise‚ are the most knowledgeable in the field. II. MARKET SITUATION 1. Opportunities – Threats Analysis Opportunities • Increasing population in the Philippines • Relatively young population Threats • Precarious economic conditions prevailing • Economic downturn that lead people to cut leisure expenses
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1. How was Samsung able to go from copycat brand to product leader? Samsung was a copycat brand from the time it started to around the 90s. Some of the first items they made were calculators and black and white TVs. In 1993 Samsung unveiled a new strategy that they called “New Management”. They made the decision not to be a cheap copycat brand anymore. Samsung cut ties with low end retailers like Kmart and Wal-Mart. They started distributing at stores like Circuit City and Best Buy. They started
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share by strengthening the company’s position with new products and other tactics. The concept that is highlighted above is to attack before one is attacked and be proactive in one’s approach. The case study clearly highlights the fact that Hallmark’s re-engineering process wasn’t in response to any external threat. To quote‚ “Hallmark was the only company that was doing just fine when it decided to re-engineer – not in response to any life-threatening problem but in a farsighted effort to keep
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revised international product life cycle plan. Introduction Phase The introduction phase is when the public first sees or hears about a product. The product appears in stores for the first time‚ and people start seeing print and television ads. As the global manager of a retail company‚ the prices of product will be set high to recoup initial expenses that went into producing the product. For innovated products‚ a retail company with new products could introduce products 10 percent to 20 percent
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COST AND MANAGEMENT ACCOUNTING Target Costing at Toyota Akriti Kapoor 11PGDM003 Section A Introduction There are numerous differences between management practices in Western companies and companies in Japan. One of the main differences is related to cost reduction. A manager in Europe or the United States generally expects to use cost information to make decisions about pricing and investments‚ while a Japanese manager expects to use cost information to control costs. Toyota uses cost
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10—Developing and Managing Products MULTIPLE CHOICE 1. When the manufacturer of L’Oreal shampoo introduced shampoos designed specifically to appeal to preteens‚ the product was: e.a.b.a.a.c.b.c.e.b.e.c.a.d.e.b.d.e.a.c.b.b.d.e.c.d.b.d.b.a.b.e.d.c.c.a.a.b.b.e.a.b.b.b.c.b.e.a.d.c.b.d.c.a.e.b.e.a.e.e.a.c.b.a.d.e.a.d.a.c.d.c.e.d.b.c.c.d.b.e.a.c.d.e.d.b.a.e.a.e.c.a.d.e.e.e.a.c.d.b.a.c.b.a.d.d.a.b.c.b.a.e.c.a.c. a new product because it was an improvement or revision of an existing product 2. Marketers consider
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SECTION III 3. STRATEGIC POSITION OF FFC 4 3.1 Identify the Strategic Position 4 3.2 Internal Environment 6 3.2.1 Culture of FFC 7 3.2.2 Product Life Cycle Analysis & BCG Matrix of FFC 8 3.2.3 Value Chain of FFC 10 3.3 SWOT Analysis of FFC 13 3.4 Porter’s Five Forces Model of FFC 15 3.5 External Environment 16 3.5.1 PEST Analysis of FFC 17 3.6 Strategic Position of FFC
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Mary Joy dela Cruz Management Case: “Keeping the Buzz at Burt’s and Bees” I. Background Burt’s Bees is an American personal care products company that describes itself as an "Earth friendly‚ Natural Personal Care Company" making products for personal care‚ health‚ beauty‚ and personal hygiene. As of 2007‚ they manufactured over 197 products for facial and body skin care‚ lip care‚ hair care‚ baby care‚ men’s grooming‚ and outdoor remedies[1] distributed in nearly 30‚000 retail outlets including
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favourable position vis-à-vis the five forces ➢ Pitfalls managers must avoid if to pursue successfully these generic strategies ➢ Conditions under which firms may effectively combine generic strategies to outperform rivals 2. Industry life cycle (introduction‚ growth‚ maturity‚ decline) 3. Turnaround strategies >> Types of competitive advantage and sustainability 3 generic strategies ➢ Used to overcome the five forces and achieve competitive advantage ➢ Allow a firm to outperform
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