MGT485-1102B-02 Global Strategic Management Unit 2-Discussion Board 06/12/2011 In business we must consider planning activities about the organizations future. The focus of strategic planning is not to predict the future but instead on making better decisions here and now in order to reach a desired future. There is no known certainty about the future and business managers must make assumptions about what the future will hold. In a previous discussion‚ we talked about strategic management planning
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Describe the EFAS and the IFAS. What is the purpose of each tool? Are there any weaknesses in the EFAS/IFAS classification system? The EFAS stands for the external factors analysis summary. The EFAS table lists the Opportunities and Threats faced by a company‚ which has five columns. In the first column the opportunities and threats of the company are listed‚ in the second column the weight assigned to each factor is mentioned. The total weights of the external factors add up to 1.0. The third
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multi-cuisine restaurant to serve its valued customers by maintaining its quality & standards. Analysis Plan / Solution Approach: To achieve this ‚ Chipotle should try out opening a new restaurant in different places in the country and consider inputs and values from customers who visit the stores and introduce different menus depending on taste & choise of customers from the External & Internal factors on next page. Data Used / Key Assumptions: The data used comes from the current strategy
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ANALISIS IFAS DAN EFAS PT. LION WINGS A. Latar Belakang PT. Lion Wings PT. Lion Wings semula adalah perusahaan home industry bernama Fa Wings yang didirikan oleh Johannes Ferdinand Katuari (Oen Jong Khing) dan kerabatnya Harjo Sutanto (Tan Siek Miauw) pada tahun 1948. Mula-mula membangun pabrik kecil di pinggiran Surabaya dengan memproduksi sabun cuci detergen (sabun colek) dengan merek Wings yang hingga saat ini masih tetap diabadikan sebagai corporate brandnya. Sejak tahun 1971 sampai
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same she eet T This is a t take hom me exam mination. D Delivery should b be on or before July 16th 2011 Nam me: __ ____ ____ ____ ____ _ Inta Num r: __ ____ ake N mber ____ _ Date e: _ ____ _ ____ ____ 2011 ©ESLSCA A – Strategic c Manageme ent & Busines ss Policies ‐ 2 2011 – Ramy y Khodeir Strateg gic Manag gement Mid‐Term Examination – th of July 2011 – 16 1 Please re ead through the followin ng case and f follow the gu uideline ques stion to help
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EFAS of Individual Case Anlu Hu 2013/9/7 Case #5 Starbucks Coffee Company: THE INDIAN DLIEMMA External Factors | Weight | Rating | Weighted Score | Comments | Opportunities | | | | | Population | .20 | 5.0 | 1 | NO.2 Population equal big market | Cost of labor | .15 | 5.0 | .75 | Cheap labor | Availability of workforce quantity | .1 | 4.0 | .4 | Over 50% population are 15-59 years | Less coffee retail | .05 | 2.5 | .125 | Only 3 big coffee retail company | Global Retail Development
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IFAS Comments Weight score Rating Weight Internal factors Better stability and reliability- -Easy to use -Viable option for a potential consumer -Highly trusted - Government & corporate individuals 0.4 0.45 0.125 0.1 0.3 4 4.5 2.5 2.0 3.0 0.1 0.1 0.05 0.05 0.1 *Strengths: 1-Unique OS 2-QWERTY keyboard 3-Strong brand recognition 4-Highly secure mobile devices 5-Loyal customer base Ageing and archaic product - -Devices for “professionals” R & D improvement
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of the famous Memphis group. Later‚ with the help of Barbara Radice & designer/architect Ettore Sottsass‚ ACME’s new collection (Memphis Designers for ACME)‚ was a huge collection of jewelry over a hundred works‚ with 14 designers and architects‚ including Andrea Branzi‚ Aldo Cibic‚ Michele De Lucchi‚ Ettore Sottsass‚ Matteo Thun‚ etc. This collection debuted at the Cooper Hewitt Design Museum 1986‚ along with the last stop for the MEMPHIS touring show‚ before returning to Italy . This was followed
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BUSM 3125 STRATEGIC MANAGEMENT ASSIGNMENT 1 Strategic management is the analysis‚ decisions and actions undertaken by an organisation in order to create and maintain its competitive advantages (Dess‚G‚ lumpkin‚ G.T & Eisner‚ A). So while undertaking these steps‚ a firm has to consider both its internal and external environment to achieve the necessary goal. In the present day scenario‚ every firm and organisation aims at expanding their businesses in the global markets. Globalization is mandatory
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Dell is a key competitor in the computer hardware industry. Dell provides its products to the general public‚ governments‚ businesses‚ and educational institutions. Dell operates primarily on two business segments – computers and servers. Dell’s business-level strategy is composed of a focused differentiation approach. In turn‚ the corporate-level strategy Dell uses is a global approach. Dell’ s mission is to be the most successful computer company in the world at delivering the best customer
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