Chapter 6 Strategy Analysis & Choice Strategic Management: Concepts & Cases 13th Edition Fred David Copyright © 2011 Pearson Education‚ Inc. Publishing as Prentice Hall Ch 6 -1 Copyright © 2011 Pearson Education‚ Inc. Publishing as Prentice Hall Ch 6 -2 Strategy Analysis & Choice Subjective decisions based on objective information Generating alternative strategies Selecting strategies to pursue Best alternative course of action to achieve mission & objectives Derived from vision
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Business Environment Analysis Environmental factors Common environmental factors include new tax laws‚ tariff limits‚ export laws‚ consumer trends‚ developing technology‚ new replacement products (i.e.‚ the iPod to the CD player)‚ laws concerning emissions‚ or a new competitor. Several popular frameworks exist to aid in identifying environmental factors. They are frequently used together. The first is PEST or PESTEL analysis‚ which looks at the political‚ economic‚ social and technological
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Ryanair. Many models are available in the analysis of economic entities. The question is: Which model is better suited to a certain situation? In analysing the macro-environment of Ryanair‚ the business model of choice would be the PESTEL model. The PESTEL model consists of six categories namely: political‚ economic‚ social-cultural‚ technological‚ environmental‚ and legal. These categories consider the external environment the firm under analysis‚ addressing the macro-environment of Ryanair through
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Starbucks Case Study History of the company The story of Starbucks started in 1971 when 3 friends who like fresh coffee decided to open a coffee shop where they selled fresh roasted‚ gourmet coffee beans and brewing and roasting accessories. But things changed from the 80s when Schultz is hired as head of marketing. He revolutionated the company’s concept and by the way its future. After a trip to Italy‚ where he was amazed by the special atmosphere in coffee houses. Then he convinced
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Katarínka Pestel forces SWOT Analysis of Alphabet Games SWOT Analysis Guidelines Report Alphabet Games Obsah A.PESTEL 1 B. SWOT Analysis 2 1.Strenghts 2 2.Weaknesses 3 4.Threats 4 C.SWOT Analysis Guidelines 6 Index 8 References 9 Books 9 Internet 9 Notes 9 A.PESTEL Mullins stated that‚ organisational effectivness and performance depends upon thes sucesfull management of the opportunities‚ challanges and risk presented changes in the external enviroment. PESTEL is an acronym for political
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Starbucks SWOT Analysis Starbucks was founded in the early 1970’s. Jerry Baldwin‚ Zev Siegel‚ and Gordon Bowker were three academics that came together to found the first Starbucks‚ named for the coffee loving first mate in Moby Dick. The company was founded in Pike Place‚ a Seattle marketplace over looking Puget Sound. Starbucks began as a shop selling only coffee beans. In the first twelve years‚ the founders had built Starbucks into a retail and wholesale business with its own roasting
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Table of Contents Executive Summary1 Strategic Review A)Strategic analysis of Burberry i. Environmental Analysis………………………………………………………………………………………1-3 ii. Resources and competence analysis………………………………………………………………….3-4 iii. Purpose/culture/stakeholder analysis4 B) Recommendation for future development i. Three options suggested using TOWS Matrix5-6 ii. Chosen strategic option6 Appendices and Bibliography7-13 Executive Summary This report is a strategic review of Burberry PLC
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2.0 Promotion Opportunity Analysis In this phase we are going to introduce the opportunity analysis that is in fact the foundation of the rest of the campaign development. It is really important to analyze the key target markets which apply in the following: • Demographics -> from the facts given from Nestle company we can figure that demographics form as following: we make a separation among 60% of households & 40% of singles
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Report: An Analysis of Ryanair’s business environment Introduction: Ryanair is Europe’s leading low cost airline. It currently operates over 1600 flights per day to 180 destinations in 29 countries. It has achieved this through developing and marketing itself as Europe’s only ultra-low cost carrier (ULCC). This has seen its profits rise by 13% for the fiscal year ending 2013 to over €569million and its passenger traffic grow by 5% to over 79.3 million people‚ this being in spite of an increase
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This information is beneficial as it allows us to proceed to use Porters 5 forces and SWOT analysis to gain knowledge on a company operating environments and sources of competitive advantage. 2.1 POLITICAL FACTORS Before deciding to operate in a new country‚ a thorough political environment scan is necessary. “Elections and other political
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