Strategic Management in Dynamic Environments phasse 1 part 2

May 24th, 2015
Business & Finance
Price: $25 USD

Question description

You spent the last week reflecting on both your appreciation of Deborah’s praise and the success of the organization, and then had a long weekend with your family. As you walk in to work on Monday, all you can think about is how excited you are about the future of the company.

You sit down at your desk and get started on updating the project plan and preparing the marketing proposal for Deborah when there is a knock at your door. When you call for the person to come in, Anna, the financial analyst, enters.

“Good morning,” she says. You are surprised to see that she looks nervous because Anna usually has a smile on her face.

“Hi, Anna. Is everything okay?” you ask.

“Well,” Anna begins, “I just finished our quarterly report. Our profit margins have dropped by 2% this quarter.”

After Anna leaves to send her report to Deborah, you start to wonder how you and your team can help fix this. Is a global strategy the answer, or should the company continue to focus on the domestic market?

You call a project team meeting to learn about the progress of their research.

Tiffany, one of your team members, begins the discussion. “I think we need to look at some of the internal factors,” she says. “We know what our capabilities are on the domestic front, but what about in the global market? We have a fairly strong market presence here in higher-end markets, but how does that translate globally?”

“Well, I think we need to identify a benchmark to give us some more information to make a better decision,” you explain. Answer the following:

  • What is your benchmark?
  • Did it benefit from global expansion? If so, how? If not, why?
  • Did this benefit or hinder the benchmark's domestic market share? Explain.
  • Were there risks associated with the globalization?
  • How were these risks minimized?

Tutor Answer

(Top Tutor) Daniel C.
School: UIUC

Studypool has helped 1,244,100 students

Review from our student for this Answer

Jun 1st, 2015
"Outstanding Job!!!!"
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1829 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors