strategic management: 1. Carry out a value net analysis for a small boutique advertising agency serving the fastfood market, and formulate PARTS strategies for that agency.
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strategic management:
1. Carry out a value net analysis for a small boutique advertising agency serving the fastfood market, and formulate PARTS strategies for that agency.
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- 1. Analysis of Current Marketing Strategies Choose a hospitality business (e.g., hotel, restaurant, travel agency) andconduct an in-depth analysis of its current marketing strategies. Evaluate the effectiveness of their current marketing efforts in reachingtheir target audience and driving customer engagement. Identify any strengths, weaknesses, opportunities, or threats in theircurrent marketing approach.2. Development of Marketing Plan Based on your analysis, develop a comprehensive marketing plan for thechosen hospitality business. Clearly outline the goals, target audience, positioning, and marketingtactics to be employed. Include a detailed timeline and budget for implementing the marketingplan. Justify your choices by explaining how they align with the business'sobjectives and address the identified strengths, weaknesses,opportunities, or threats.3. Creativity and Innovation in Marketing Approach Demonstrate creativity and innovation in your proposed…a.Explain Porter’sfive forces model for H&M, a key brand in the fashion industry. b.Briefly explain THREE (3) roles of the Board of Directors in evaluation and control of strategic management (Please note: I need to (a&b) answers)• Which of the following is the first step in strategic planning? a) Set objectives and goals. b) Develop business portfolio. c) Define the company mission. d) Plan marketing strategy. e) Identify threats and weakness.
- 1) Provide background information on Bermudez Biscuit company ltd. 2) Provide Detailed information on the product 3) Provide detailed SWOT Analysis of the company (information on the productRecommended and explain 6 New strategies (formulated that are not already existing in their business strategies) that NETFLIX Should Implement in their business that can propel the company's business forward.Critically evaluate the role of data analytics in assisting JD sports to meet its business objective(s).
- 1. Explain the importance of needs, wants, and demands and how these frame marketing: Activities 2. The Boston Consulting Group (BCG) Matrix is a useful strategic tool. Another classic portfolio planning method useful to marketers is the GE/McKinsey Matrix. How is the GE/McKinsey Matrix similar to and different from the BCG Matrix? 3. A marketing information system (MIS) is essence intervenes between the marketing environment and the marketing manager. Discuss the four basic subsystem of an MIS and indicate how each subsystem's information could benefit a marketing manager. 4. What is subculture? Describe at least two subcultures to which you belong and identify any reference groups that might influence your consumption behavior. 5. Business markets have numerous characteristics that contrast sharply with consumer markets. Discuss six of those characteristics and what implications each one carries of marketers of business goodsTable of Contents Using the attached Marketing Strategy Template, for your preliminary Marketing/Business Plan (60–80% completed) for your product or service Our company will be providing the service of real Estate videography and the name of the company is Benjy Studios Executive Summary Business Overview o Company Name, Leadership Team, Mission Statement o SWOT Analysis Business Initiatives o Overarching initiatives: problem you are solving, marketing initiatives, goals, metrics production and distribution resources Target Market(s) o Industry Name, Market Segments, Buyer Profile(s), Competitive Landscape Analysis Market Strategy Product, Price, Promotion, Place, People, Process, Physical Location Marketing Channels How and where will you market your product, i.e. website, social media, radio, etc. Financial Forecast and Budgets Variable Costs, Fixed Costs, 3 YR Sales Forecast, 3 YR Financial Performance Action Plan The next three steps you will…12. Despite its best effort, a firm has failed to achieve its long-term goal to increase sales performance for the last three quarters. Which strategic management process will help this firm in this situation? A:Perform strategic formulation B:Conduct strategic evaluation C:Pursue strategic implementation D:Identify strategic objectives
- The market researchers at AlHana Foods gather daily sales data and sort it by product line and region. With the help of sophisticated tools and techniques, they develop the data needed by marketing managers to evaluate the market share of the company's different products and also to gain valuable market insights. This mix of people and procedures at AIHanaFoods that generate actionable marketing insights represents a[No] Select one: O a. strategic planning system O b. marketing information system Oc. product mix O d. enterprise planning systemKrispy Kreme Doughnuts, Inc 2015 . Startegic management. Part B Review and present the mission statement of Krispy Kreme Doughnuts Inc 2015 .Does the their statement meet those 9 components ? Mission Statement: Consumers (1) are our lifeblood, the center of the doughnut (2). There is no substitute for quality in our service to consumers. Impeccable presentation (4) is critical wherever Krispy Kreme is sold (3). We must produce a collaborative team effort that is unexcelled (5). We must cast the best possible image in all that we do (6). We must never settle (7) for “second best;” we deliver on our commitments (8). We must coach our team (9) to ever-better results. Please use own sentences a) Read and evaluate the mission statement of that organization accordingly which evaluation of mission statement, Components, Legends. b) Identify whether the mission statement is good or not good, re- number the components terms in bracket as mention those related components.State reason for your…4 strategies that Tropical Leisure can implement in the short-term to profitably increase sales and regain market share given its current production and financial constraints. Four approaches to rise the short period profitability of the business: Approach 1: Enhances the cross-sell & up-sell moderately than increasing the worth of the product•Approach 2: Implementing loyalty programs to attract the customers/distributors to buy again from the company.•Approach 3: Running Fear of missing out on campaigns to create the demand•Approach 4: Having dealt with the financial institutions to clear the debt and to make sure the financial operations are running smoothly. For each of the strategies that you have outlined suggest how Mr. Grant mightproceed to evaluate these strategies.