What is strategy A strategy is formed from ideas‚ decisions‚ and actions that firms undertake to create and/or sustain competitive advantages and enable its success. Strategy directs firms towards their overall goals and objectives with both short-term and long-term perspectives. What strategic problems does Robin Hood have Robin is concerned with his bands rapidly increasing growth‚ the decrease in revenues‚ rise in cost‚ and the state of his campaign. Robin must consider moving his operation
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1) What problems does Robin Hood have? What issues need to be addressed? There are several key issues that Robin Hood has. The 1st problem addressed in the reading is the growing size of the Merrymen. Resources are becoming scarce to sustain the large size of the band. He is also having problems with discipline within in the band. Another issue is that travelers are starting to avoid the forest for fear of being robbed‚ which in turn has caused a decline in the Merrymen’s revenue stream. The last
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CASE 18 Robin Hood Assignment Questions 1. What problems does Robin Hood have? What issues need to be addressed? Robin Hood and his band of Merrymen grew too quickly and were not prepared for the implications of this sudden rise. They no longer had the available funds to support the band. Also‚ there were no guidelines‚ rules or laws for the Merrymen to follow. There were suddenly struggles for power and many divisions within the band. Robin Hood had to figure out a strategy to
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Robin Hood A Case Presentation In Partial Fulfillment Of The Requirements In Entre 7 Strategic Management Submitted by Aguilar‚ Mayelle Anareta‚ Kenneth Arceo‚ Ronald Avelino‚ Michael Bengullo‚ Paula Bonagua‚ Jerome 19 November 2012 I. Problem Robin Hood’s band is facing a lot of problems regarding the movement of his campaign‚ outlook of his people‚ and the new ways of the Sheriff. Robin Hood needs to access every aspect wherein he can develop a plan to arrange the
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Business Strategy: Robin Hood Case Thanakorn Amornsiriwit ID 5343248126 1. Why the situation turned bad against Robin Hood? The situation for Robin Hood right now is not good because his band is growing too big and this has caused some problems. The increasing size of the band causes the decline in vigilance as well as making it harder to enforce discipline among the merrymen. This is usual when there are more people gathering together. Moreover‚ the food supply in the forest is not enough for
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1. Complete the SWOT analysis Strengths -The group has huge number of members. -Robin Hood has strong leadership. -The band has good archery skill. -Brand recognition and strong support from stockholders who hate the Sheriff. -Ability to acquire information. Weaknesses -Personal grudge against the Sheriff may negatively influence decisions. -Low requirement in recruiting new members. -Hard to maintain order‚ discipline‚ vigilance in the band. -Decline in food and supplies -Dependent on
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In the Robin Hood case‚ we can easily apply the principles of a business organization. Robin was the CEO of the Merrymen. He made all important decisions and a few lieutenants serve in roles that have been delegated such as information gathering‚ discipline‚ finances and provisioning. These make up the top management in the organization. There are several issues Robin Hood needs to consider. First‚ Robin Hood needs to make sure his own personal grievances against the Sheriff do not cloud his vision
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RACHEL What is strategy? Strategy is the ideas‚ decisions‚ and actins that enable a firm to succeed. What strategic problems does Robin Hood have? Robin Hood is the leader of the band which was growing in size; he is not on the same side as the sheriff of Nottingham who happens to have the power to take over his band of Merrymen and has high connections in that land. And since Robin Hood is in charge of his men‚ he needs to be sure they have money. He is low on funds and does not know what he
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Robin Hood has multiple issues to deal with in order for his movement to remain a growing concern. The most immediate problem is that the band is heavy in headcount and has very limited resources to sustain the current band’s size. Travelers are beginning to circumvent the normal pathways and taking alternate routes through the forest to avoid seizure of their goods‚ causing a decline in the band’s revenue intake. These‚ along with other changes in the external environment are making the band’s
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Analyzing Strategic y g g Management Cases Agenda Case Presentation Steps to Case Preparation Presentation Requirements Report Requirements Robin Hood Robin Hood: Organizational Profile Og f Brief History First year of Revolt: built a large body of men with grievances; made a disciplined fighting force; housed in Sherwood Forest Robin ruled supreme; had lieutenants to whom he delegated functions Fame spread; the band grew p ; g As the
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