Zara is one of the well-established fashion companies, that operates at a global scale. The strategic management process of the company has been discussed in this paper. Five performance objectives of the company such as quality, speed, dependability, flexibility and cost have been covered. The external impacts of these five objectives in the organization has also been described in the paper. Based on the discussion of this paper, it has been found that Zara has been able to improve its operational efficiency by successfully meeting its performance objectives.
Eastman Kodak was one of the well-established hand-held camera manufacturers of all time. However, its market share has fallen drastically over the years, which indicates that the company needs a new approach to its business venture. This paper intends to identify the new strategies for Kodak. In order to achieve the objective of the paper, the key performance objectives of the firm have been pointed out. Different approaches related to horizontal and vertical integration of the company have been suggested to boost up the performance of the company.
Entrepreneurship is defined as the ability of a business owner to undertake the risk of investing in a new business venture. It plays a crucial role in improving the economic condition of a nation. The governmental support can encourage new entrepreneurs to establish their business ventures. This paper focuses on the role of government in aiding entrepreneurial activity and propagation of small businesses to support overall objective of economic development. Based on this report it has been found that support from the government is extremely crucial for acquiring success through the entrepreneurial activity.
Education First has transformed into one of the world’s largest private education providers, which offers language travel, language learning, and academic programs. This report intends to present business strategies for Education First. Tools such as Ansoff matrix, BCG and cost-benefit analysis have been used to assess the present scenario and thereby developing suitable strategies. In addition, integrated strategic marketing plan has also been formulated with the help of SMART objectives.
This paper focuses on analyzing the internal environment of Unilever. VRIOS framework has been used in the discussion to evaluate the performance of the company with respect to its internal factors. Suitable recommendations have been provided for improving the future strategies of the company. It has been recommended that the investment in the innovation will help in overcoming the restriction of availability of substitutes but the company needs to increase its pace of introduction of new products in the market. This is achievable for Unilever with its diversified brand portfolio and its dedicated research and development wing.
The paper intends to present a strategic management report for Qatar Islamic Bank (QIB). Tools such as PESTEL and SWOT have been used in the discussion to assess the impact of business and economic business environment on the concerned banking business. The present strategies evaluated by QIB have been evaluated and thereby new strategies have also been formulated for the purpose of improving the performance of QIB.
The current report deals in proposing an efficient strategy for Carnival Corporation which operates in range of cruise lines around the world. The report has aimed to understand and identify the possible strategy for growth considering both corporate and business strategies. The identification of strategies helped in analyzing the two strategies that would support the company in gaining a long-term success. On the other hand, for selecting the appropriate corporate strategy, Ansoff matrix model has been used. This model has been effective in assessing the strategies like product development and market development, market penetration and diversification.
The report aims to evaluate the strategic management of Nestlé Company by understanding their strategic intent for the business organization. This has been done by analyzing the internal and external environment of the business that can offer significant opportunity or hinder the performance by presenting threats. The strategic management tool that has been utilized to conduct the overall study include PEST analysis, value chain analysis, Porter’s five forces model and SWOT analysis. The report also discusses about the strategic trajectory of Nestlé to shift its focus from the current industry and entrance to the new market. This significant approach has been evaluated by analyzing the various acquisitions and merging strategies undertaken by the company.
The paper analyses the strategic initiatives taken by a telecommunication retail company in the United Kingdom named Currys. The study reveals that the company is highly susceptible to business risk and the operational risks. The study reveals that the investors find it risky to invest due to high volatility of company’s stocks. However, the company has gained reputation in the market by providing its customers with quality products and services. The company also takes initiatives in collecting timely feedback from the customers for further growth of the company. It also plans to offer training to the mobile retailers so that they can provide better connectivity services to their customers.
The report intends to present a strategic management analysis of Aldi. The organizational culture of the company has been analyzed in the report. Furthermore, the report has highlighted on the leadership approaches followed by the company managers. Based on the discussion of this paper, it has been found that Aldi has been able to attain competitive edge over its rivals due to effective strategic planning process.
The paper is based on the proposed strategic management of Vobes. The mission statement of the Company states that it expects to serve a large number of customers in the markets of Dammam at low process and also expects to capture a large market share by attracting the target customers mostly in the age group of 25 to 45 who prefer to use cabs for traveling. The breakeven analysis of the Vobes Company states that the company would earn a profit in the first year and the profit is expected to rise in the later years.
Premier Foods is a well-known food producing company in UK that meets the rising demand for food products in the international market. The report aims at criticizing the unsuccessful management undertaken by the stakeholders and the strategies undertaken by the organization in order to maintain the code of conduct. The reports also allow the scope to develop understanding regarding the corporate social responsibility undertaken by the managers.
The management practices of an organization largely define its corporate culture, operational activities and its sustainability. However, questionable or unethical management practices can lead of high risk of failure and can also adversely impact the corporate image of the company. This paper discusses about the questionable management practices of the German car manufacturing company Volkswagen. Based on the findings of the critical analysis, a recommendation has been proposed to the managers that can persuade them for a need for immediate change in the management practices.
Tesla Motors have been chosen for this study, where several areas have been discussed on its context. The paper includes the impact of globalization, proposition for earning above average returns, the role of the company’s mission and vision on its success along with the influence of the stakeholders and their benefits from the company’s operations.
The Enron scandal was one of the largest corporate bankruptcies that the world witnessed in 2001 and it led to the complete fall of Enron Corporation, a large energy-based company in the US. The magnitude of the fraud in this case can be easily understood by the subsequent formulation of the Sarbanes-Oxley Act by the U.S. Congress in 2002 that ensured the security of the investors from such fraudulent accounting practices by the companies. In this case study the causes of its downfall and the role of accounting professionals in the demise of the company has been analyzed.