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 and
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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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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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Conclusion: Chipotle was a successful business model in quick service restaurant industry but they had focused on Mexican food variety and have not targeted all customers by implementing multi cuisines in the stores Recommendation to Management: I would recommend management to open stores by taking surveys from the public or current customers who visit the stores‚ and consider all valuable inputs from them and try to open few stores instead of opening one multi-cuisine store in most of state’s capital
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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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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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(pages 27-1 through 27-22). Using the case‚ your readings‚ the Cybrary and the Internet‚ develop both an EFAS (External Factors Analysis Summary) Table and an IFAS (Internal Factors Analysis Summary) Table. It is important that you submit with your tables a description of both your environmental and internal scanning process‚ including what factors you considered and why. Explain the strategic management process within the global environment. Conduct various environmental analyses as they
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[pic] 1] Founded in 1985‚ by Adrian Olabuenaga and Lesley Bailey his wife. Their first product collection was a limited edition series of jewelry designed by Peter Shire‚ a member 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
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THE BOEING COMPANY: STRATEGIC AUDIT I. CURRENT SITUATION A. Current Performance Boeing performance has been outstanding for the past few years. Their Return on investment rose from three percent to 6 percent from 1998 to 1999‚ but it did drop to five percent in 2000. In 1996 Airbus claimed 42% of the market share‚ while Boeing had 64%. Boeing is looking at falling below the 50% mark. Boeing’s profits have been doing quite well. They have risen drastically in the past few years‚ which can be seen
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