External: 1. General Environment: PEST (Political, Economic, Socio-Cultural, Technological) 2. Competitive Env: Porter’s 5 force (attractive market/good position) **Define boundaries & players. Threat of new entrants: Motivation to enter, capital req., switching costs, economies of scale and learning curve. Suppliers Power: symbiotic relationship; need each other to survive. **switching costs Power relationship a) availability b) importance of resources supplier threat of forward
Words: 1481 - Pages: 6
Table of Contents 1. PESTEL analysis 2 2. Porter's five forces model 4 3. Strengths and weaknesses of Apple, Inc (7-s model) 6 4. Core competency of Apple Inc and VRIO model. What were Apple’s competitive advantages? 8 5. New formula to create a sustainable competitive advantage 8 6. Assessment of Apple’s initial strategy for the iPhone. Quick change to a different strategy. 8 7. EFE and IFE matrix; strategic recommendations on Apple Inc SWOT matrix; SPACE matrix; evaluation of strategic
Words: 2513 - Pages: 11
quality and customer service. Customers visit frequently, often times on a daily basis, because of the atmosphere and products. 2. Was Starbuck’s uniqueness a VRIO resource? Did it help Starbucks gain and sustain a competitive advantage? Why or why not? The elements that make up the Starbucks brand uniqueness can be seen in the VRIO below. Valuable: Having a strong global presence is an important asset for a company trying to increase their size, sales, and market share. It is a great way to
Words: 991 - Pages: 4
Case: Wynn Rui Chen 303208144 Q1. The competition of gaming industry in Macau is intense as explained by 5 forces model as follows: 1. Suppliers: because unemployment rate in Macau is low, it is difficult for Macau to recruit new employees to support business expansion. In particular, employees who work as junket operators have to be professional. Moreover, their commissions are high, and perhaps, Wynn has to pay higher incentive to attract junket operators to work in the company. 2. Buyers:
Words: 1015 - Pages: 5
single business “SBU”) (static theory) Barney: Two assumptions = resource heterogeneity and resource immobility Companies have access to different kinds of resources, and therefore a resources can be a competitive advantages VRIO = resources should be analysed by VRIO to create value in the long-term vs. Wernerfelt (develop resources for multiple business: applying for more than one products ) (process/dynamic theory) 2) Wernerfelt: Different from Barneys resources based view = looks at how
Words: 986 - Pages: 4
MANCHESTER UNITED FOOTBALL CLUB LINXIU ZOU/12422048 17/03/2014 TUTOR: DINUSHA BOTEJU STRM047 STRATEGIC MANAGEMENT 2598 words 1. Introduction Manchester United Football Club (MUFC) is one of the world’s biggest football clubs with more than £363 million in revenues. Facing an intensive competition, the survival and growth of MUFC relies on its core competences in order to obtain competitive advantages in such fierce markets. Being a leader in upscale industry, it stands in a unique position
Words: 5466 - Pages: 22
------------------------------------------------- Firm Analysis – E&J Gallo Winery Prepared for: Gianluigi Giustiziero Prepared by: Salem Najjar Date: 8 December 2011 ------------------------------------------------- Performance E.&J. Gallo is the world’s largest family owned wine maker, the largest U.S. wine maker by volume, and the largest U.S. exporter of wine. Gallo cultivates more than 3,000 acres in the Napa and Sanoma valleys in California. With over 60 brands including
Words: 1943 - Pages: 8
ACCT5931 Strategic Management Accounting Topic 3: Analysing the Internal Environment 1 Topic 3: Course Preparation Assurance Test – C-PAT #2 6 minutes (no books or notes on the table please) 2 1 Topic 3: Course Content Overview Topic 1 Introduction to Strategic Management Accounting Strategy Analysis & Formulation Topic 2 Topic 3 Analysing the External Environment Performance Measurement & Management Topic 5 Measuring Performance and Project
Words: 933 - Pages: 4
Corporate Strategy Tameer Bank ‐ Micro Finance Banking Arsalan Aziz 2011 Instructor: Mr. Shahid Zaki EMBA PS‐IV (INSTITUTE OF BUSINESS ADMINISTRATION) Contents INDUSTRY BACKGROUND ................................................................................................................................... 4 TAMEER BANK ...............................................................................................................................................
Words: 6436 - Pages: 26
------------------------------------------------- Case Study: Apple Inc. in 2015 BUSMHR4490 Stanley Sun Kevin Tate Clayton Wang Zihao Wang Rita Xu Memorandum To: Dr. Bruce Bellner From: Team K Subject: Apple Case Analysis Date: 02/08/2016 Introduction The purpose of this memorandum is to provide an analysis of the consumer technology giant, Apple Inc. Here we will briefly mention Apple’s strategic position in each of the markets that it has become involved in, to better understand
Words: 2616 - Pages: 11