Insert Name Insert Date CASE STUDY Business Strategy for Competitive Advantage for UMUC – differentiation – on operational process As a result of increased competition within the market, UMUC must develop competitive strategies that will ensure that it remains competitive within its market. UMUC can use any of the following porter’s generic strategies for competitive advantages of lower cost, differentiation or focus. These generic approaches are applicable
Words: 936 - Pages: 4
GREGG OUELLETTE IFSM 300 UMUC Haircuts Stage 1 UMUC HAIRCUTS STAGE 1 29 JUNE 16 I. INTRODUCTION Myra Morningstar is the owner of the small business, UMUC Haircuts. It is a small shop in the college campus area and Myra is looking to expand her business to meet the needs of customers. In order for her to be successful in her new adventure she will need to consider the needs of her customers, use of technology, and competition with the new local competitor. Barriers to entry in the
Words: 1037 - Pages: 5
Stage 2" on page 3. 3. Review Instructor feedback from the Stage 1 assignment. 4. Carefully review the Example shown following the Assignment instructions below. Overview of Business Process Analysis and Functional Requirements for UMUC Haircuts For your Case Study Stage 1 assignment, you performed a Five Forces Analysis and justified Myra's chosen strategy for competitive advantage and the business process that she would like to improve through the application of technology. In the
Words: 836 - Pages: 4
UMUC Haircuts Stage 1 Since the opening of UMUC Haircuts in 1995, Myra Morningstar has seen an increase in customers and competition from a variety of competitors. Myra would like to expand her business into the gift shop area next door. To remain competitive, Myra recognizes that she needs to improve her current management practices in combination with better scheduling of her employees and customers and management of her supplies. Myra has hired a System Analyst to help her with determining how
Words: 611 - Pages: 3
because although customers may receive services without utilizing the new system, the employees and Myra will need to use it every day. The rating of High was given because while a customer may call in to schedule an appointment, someone from UMUC haircuts will still be inputting the appointment into the web application. | Maintainability | N/A | The Schedulicity web application is a third party hosted application and therefore all the maintenance and coding is performed by the third party. N/A
Words: 1321 - Pages: 6
UMUC Haircuts By Miriam Wright IFSM 300 23 January 2016 Introduction UMUC Haircuts has been in business since 1955 and has been doing well over the years due to the lack of competition in the area the salon is located in. Recently, there has been an increase in competition. A salon called the Hair Cuttery will be opening five miles from the salon and an upscale spa has opened in close proximity to UMUC Haircuts. Due to the recent influx of competition there
Words: 1056 - Pages: 5
UMUC Haircuts Stage 1 University of Maryland University College 2016 I. Introduction Myra Morningstar the owner of UMUC Haircut’s has been in business since 1995. When Myra opened her salon in 1995 she had very few competitors in the area. Since opening UMUC Haircut Myra has seen a growth in competition from a variety of salons. There is also news that a Hair Cuttery may be opening five miles away from Myra’s salon. With the concern of growing competition in the area, Myra started to
Words: 993 - Pages: 4
IFSM 300 UMUC Haircuts Stage 4 Click Link Below To Buy: http://hwaid.com/shop/ifsm-300-umuc-haircuts-stage-4/ Assignment: UMUC Haircuts Stage 4: Create a presentation that includes: I. An executive briefing in PowerPoint covering the following topics: (each bullet below should be represented by at least one slide) • Provide a title slide to introduce the project, including appropriate information about the ‘who, what, when and why’ of the presentation • Identify
Words: 549 - Pages: 3
Stage 1. Business Analysis UMUC I. Introduction In 1995, Myra Morningstar opened UMUC Haircuts, which was the only barbershop within a 10-mile radius. When she began her business in the strip mall by campus, she started with one barbers chair. UMUC Haircuts currently has three barbers chairs, three hair styling chairs, and a shampoo station. In order to continue to grow her store, Myra needs to get ahold of scheduling, supplies, customer info, and marketing. She currently
Words: 750 - Pages: 3
UMUC Haircuts Stage 1 ISFM 300 Abstract A strategy for competitive advantage and improving a business strategy are fundamental for improving a business overall, as competition, customers’ expectations, technology, type, and quality of products and services are changing in time. This paper is analyzing UMUC Haircuts’ cost leadership strategy and improvement of customer and employee scheduling process, following Porter’s Five Forces Model. UMUC Haircuts Stage 1 I. Introduction The paper
Words: 1224 - Pages: 5
