Review Questions 1.6 1. Explain the meaning of ‘operational’‚ ‘tactical’ and ‘strategic’ decision-making. Operational Decisions refer to the routine and day-to-day decisions‚ such as those handled by junior management‚ e.g. deciding when a worker should go for their break and how to deal with customer enquiries and complaints Tactical Decisions refer to regular and short-term decisions that are normally handled by middle management‚ e.g. decisions about pricing strategies or recruitment and
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act as primary data during this investigation. The information provided with the interview will make the SWOT analysis of Tornator’s waterfront plot business possible to conduct. The SWOT analysis shows strengths‚ weaknesses‚ opportunities and threats of the business and it is important to determine the current success and position of Tornator’s waterfront plot business. With the SWOT analysis a clear picture of Tornator’s situation in waterfront plot business can be seen and analyzed in order to
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external factors (PEST) discussed in chapter 1‚ such as political and legal changes‚ macroeconomic matters‚ socio-cultural changes‚ and technological change that may affect the industry as well as your company. This typically is done as part of a SWOT analysis. Describe the industry and sector in which your company operates. Hint: Industries are broad categories such as Financial‚ Technology‚ Services‚ or Health Care. Sectors are more specific categories within an industry‚ such as ‘Sporting Goods
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highlights of interviews with at least five KOLs (key opinion leaders) or resource persons. III. Situation Analysis Industry Analysis Describes the needs of the business and the customers‚ major trends affecting the industry‚ significant and important companies‚ industry size (growing‚ declining‚ etc)‚ and other relevant industry facts and insights SWOT Analysis A SWOT analysis of the business environment can be performed by organizing the environmental factors as follows: The firm ’s
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report. The first will be how social media sites like twitter are affecting McDonalds positively and negatively‚ and how McDonalds plans on using social media to increase sales and customers recognition (B8). Then I will use this article in the SWOT analysis (B6.b) A 17 % market share in this industry in a definite strength for McDonalds‚ another strength for McDonalds was remodeling their franchises. Also even in an economic struggle McDonalds sales are increasing and last year McDonalds sales nearly
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restaurants outside the U.S.) 1971 - Tokyo‚ Japan‚ Amsterdam‚ Netherlands & Sydney‚ Australia 1979 - Rio de Janeiro‚ Brazil 1990 - Moscow‚ Russia & China SWOT Analysis : SWOT Analysis Strengths: Brand Awareness Broad geographic locations McDonalds standard and conformed changes in large areas efficiently SWOT Analysis : SWOT Analysis Weaknesses: There is lower operating income in Europe and Canada – In Canada the
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CHAPTER I Introduction a. Company Background Ang Lechon Manok ni Sr. Pedro is owned by Peter Unabia‚ the founder of Anakciano Inc. he sits as a provincial board member in the 2nd district of Misamis Oriental. Peter organized a foundation called the Anak Tering Foundation‚ in honor of his mother Tering who was very religious. They used this foundation to share the blessings to their countrymen‚ farmers in Misamis Oriental. The foundation aims to provide livelihood opportunity for the small
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Q1.Using the Assessment tools we have discussed in unit 6‚ (McKinsey 7-S framework‚ Balanced Scorecard‚ SWOT Analysis etc) provide a complete assessment of the company you are currently working for. If you were CEO what would you change and why - provide your recommendation with a Before and After Organizational chart. - If you are not working at this time - use a past employer. Ans 1. Table of Content * Introduction * Discussion * Complete assessment of the company I work for
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suggests that SWOT analysis could be an appropriate technique for analysing the service encounter. This study would be of particular interest to the service encounter and could help analyse its position. CONTENTS Page Abstract Introduction 1 1. Understanding a Service Encounter 2 1.1 Definitions of a service encounter 2 1.2 Elements of a service encounter 3 1.3 Evaluating of a service encounter 4 2. Tools and Techniques for Analysing a Service Encounter 6 2.1 SWOT analysis and TOWS matrix
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PESTEL FRAMEWORK The framework provides a comprehensive list of influences on the possible success or failure of particular strategies. Important to do PESTEL analysis whilst developing a strategy! PESTEL is an acronym which stands for; Political This highlights the role of governments. Firms will be directly affected by the actions of government and other political events. These might be major events affecting the whole of the business community or they may be actions affecting just one part of
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