Category: Business Strategy

The case is an outstanding illustration of how a business focused on education suffered from the effects of the COVID-19 pandemic. It is evident that the post-COVID-19 period will no longer resemble the pre-COVID-19 era due to the overall magnitude of the virus’s impact. The “New Normal” will most likely be manifested in the fact…

Executive Summary The paper analyzes the possibilities of Dong Feng, the Chinese government-owned automobile corporation, to internationalize its business. The company’s strengths, weaknesses, opportunities, and threats are mentioned in the beginning. The current economic situation overview is also included for a better understanding of the immediate possibilities of the development. Three countries of BRIC were…

The current essay analyses an article by Stone about the Costco company (55). The article analyses the business development and its growing into one of the most successful corporations in the United States. It is mostly concentrated on CEO Craik Jelinek because his management is probably the reason for Costco’s realization and success. Therefore, the…

Understanding the strategies that a company employs at the business and corporate levels is instrumental to evaluating the efficacy of its performance. More importantly, the selection of business and corporate strategies within an organizational context determines the company’s viability in the target market (Hitt, 2020). By incorporating proactive and reactive approaches to its business strategy…

Table of Contents Introduction Nokia’s History and Performance Applying the Organizational Models for Timely Change References Introduction It is not easy to find a person without a smartphone in 2019. However, just a few decades ago, this was hardly the case: most of the world used wired phones. When precisely the change came around is…

The John Rhodes Community Centre Pool is a facility popular among the residents of Sault Ste Marie. Nevertheless, the location still experiences a variety of issues and especially with the attendance, which can be significantly improved. Currently, the pool has to implement seven key recommendations outlined in the memo to attract new clients, as well…

A corporate strategy is exceptionally important for each organization to have for a number of reasons. The first one is that drafting a corporate strategy helps the management to assess the environment the organization operates or plans to operate in, as well as its strong and weak points. Thus, the process of developing a strategy…

Business strategy According to welcome to Tesco plc: our strategy (Anon., 2009), Tesco has adopted a comprehensive business strategy which entails attaining consistent growth and increasing the scale of operation into the international market. The business strategy also entails attaining a competitive edge in terms of human resources. This strategy has enabled the firm to…

It is important to note that outside-in and inside-out approaches can be used in mixed strategies by providing customer value within a company’s limitations. One should be aware that outside-in and inside-out approaches are not direct opposites of each but rather address and orient their strategies on the basis of either external or internal factors.…

As the name suggests, Michael Porter’s (2008) article “The Five Competitive Forces That Shape Strategy” aims to identify the decisive forces that define competition in the market. According to the author, these forces are rivalry among existing competitors, the threat of new entrants, the possibility of substitutes, and the bargaining power of both buyers and…